US30 / 1D
The dow index is mainly trading in a bullish trend. Yet, recently, the price is in pull back.
Bears are waiting for a break bellow the breakout point from the last bull spike, where bulls are waiting for a signal bar closing above the local trend line for a second spike up. The targets for both scenarios are shared on the chart.
Trade safe,
Trader Leo.
The dow index is mainly trading in a bullish trend. Yet, recently, the price is in pull back.
Bears are waiting for a break bellow the breakout point from the last bull spike, where bulls are waiting for a signal bar closing above the local trend line for a second spike up. The targets for both scenarios are shared on the chart.
Trade safe,
Trader Leo.
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Youtube:
m.youtube.com/@beatthemarket4871
Our recommended broker EightCap: join.eightcap.com/visit/?bta=37691&brand=eightcap