Mohamudfx29

its possible to test te highs again

Long
Mohamudfx29 Updated   
CAPITALCOM:US30   Dow Jones Industrial Average Index
This technical analysis sounds promising! Here's a breakdown:

Support Line Test: The price reached a level (support line) where previous buying pressure halted the decline. This suggests demand for the asset at that price point.
Retest of Support: The price dipped back towards the support line but didn't break through. This retest can be seen as a confirmation of the support level's validity.
Together, these pattern suggests a potential reversal:

The price might be bouncing off the support, indicating a possible upswing.
Comment:
tp 1 tapped
Comment:
although it bounced back price kept following the direction.
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