Nick1upTrading

Just my take on what to expect from US30

CURRENCYCOM:US30   Dow Jones Industrial Average Index
We have broken out of a Symmetrical Triangle on the 4 HR time frame, a retest of the previous high is very likely here and that is marked as my first level. Next up is my upper horizontal trend line which is a very important level in my eyes, its the measured move from the triangle break and also a very well established horizontal support/resistance. If we make it to this upper level and reject from it, bearish divergence on the daily will be likely!



-Nick

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