Earlier back in May 16th, 2019. I made an analyse of dow jones.
The analyse was, during that time the price was around in the 25758 (Recorded with picture on another app in different language), and the last resistance seem to be roughly around 27150 for short position and making a short position anywhere near 26580. Aiming to go for 25570 as the first aim, and 25300 as the final destination aim.
Speaking infront, this is only if it does not break the resistance level I have set for myself, of 27150. Elsewise, I will close my trades with short position with dowjones
I have also put an order on the TradingView demo to test it out at current price, with the same aim of Stop loss and Take profit, and will see how it goes.
I just reailsed TradingView uses "Units" as the quantity size, and I may set a bit too small for my gold analysis. But oh well. Will see how the result goes, that is more important and see the success rate.
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The bullish trend still seem to be some what strong and broke the 27000 resistance level. The Stop loss will still be kept at the same place, and short positions should stop if it reaches the stop loss.
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New position added near the Stop Loss area to give it a try. Stop loss still sets at the same position.
Trade closed: stop reached
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No orders will continue as it has reached its stop.