FX:US30   Dow Jones Industrial Average Index
97 5 6
We have a triangle pattern in development on hourly timeframe.

Bullish and bearish scenarios are possible.

I am in favour of up move as trend continuation.

It woulld be a good idea to enter trade after breakout of triangle with target and SL as on chart.
Comment: Still no clear direction.
Comment: Structure still valid
Trade closed: target reached
Comment: Just run target.

120 pips
Your analysis was super accurate! Great chart!
pablo82 giankee

It still looks unresolved! Looks like it will resolve in either direction on Monday next week.
pablo82 giankee

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