DJIA Forming a Double Bottom?

FX:US30   Dow Jones Industrial Average Index
1771 9 47
Dow Industrial along with other indices have hit key support levels. Where I expected a bounce in the short term(see related links below).
I have posted a long trade in my Forex Trade Ideas section, that has been going pretty well. The price is very close to first target. Which is a the neckline for the potential double bottom pattern that's in play.

A break above the neckline will probably signal more upside and clear the way to the second targeted area around next resistance level . Which is also near the 200-days Simple moving average .

I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
Great Trade! Now what are you expecting?
I am out buddy for now. I will be monitoring for a new signal.
hi is the us30 still go up
We have just completed a breakout, second target insight. But anyway, i wouldn't be so excited about this rally!
I think you can reach the 17150-area. Demand is still in control on the daily.
Nice trade.
Yes, that was also my idea yesterday. But not I switched back to being bearish, because the rally looked too extreme and Iran said they won't freeze their own oil production.

ChartArt ChartArt
... but now I switched back ...
I remain skeptical for any sustained rally. I was looking for this short term bounce.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out