VincePrince

DOW JONES, Clean Breakout Of The Descending-Triangle!

VincePrince Updated   
TVC:DJI   Dow Jones Industrial Average Index
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Hi Traders, this is a signal I give to you for free today. The DOW INDEX has formed a clear triangle breakout
with volatility and completed above the 400-EMA where entry with pull back is possible.
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ENTRY: 27800-27300

MINIMUM TARGET: 28500

STOP LOSS: 26300

MINIMUM RISK REWARD: 1

REASON: Descending-Triangle Breakout
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In this manner, thank you for watching and support for more market insight.

Information provided is only educational and should not be used to take action in the markets.
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Trade active
Comment:
The DOW bounced as suggested at the proper support, now looking for the target-zone to be reached.
Comment:
ANALYSIS UPDATE: The DOW moved forward with bouncing within the major range support, especially within the EMA-structure to increase the momentum.

The DOW after bouncing within the major range support and EMA-structure reached all of the target zones within the setup trade range.

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