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abbychloe

Rising Wedge + No Stimulus + COVID Mutation Found in the US

Short
Dow Jones Industrial Average Index (CURRENCYCOM:US30)  
abbychloe  
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Trend Analysis Fundamental Analysis Beyond Technical Analysis US30 Rising Wedge trendreversal
3
0
trendanalysis fundamental beyondta us30 risingwedge trendreversal
Us30 is at the highest point it has ever been. I am looking to sell high as it has been trading within a rising wedge pattern and a divergence can be seen on the 4hr time frame. Fundamentally, a pandemic relief stimulus package was blocked in the US Senate, and it has also been found that a COVID mutation has arrived in the US. Wait for the breakout for entry. Take profit at daily support.

Happy Trading :)
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