DOW JONES Recurring bullish pattern on the 1W time-frame?

OANDA:US30USD   US Wall St 30
The Channel Up since June has fairly the same basic structure (even though more aggressive) than the one from March to September 2019, which led to the pre-COVID All Time High.

That pattern ended with a Lower High than created a Triangle, which eventually broke to the upside to the ATH . Dow Jones made that Lower High last week. See also how the RSI consolidated during both Channels.

The index has already defended the 1W MA50 (blue trend-line) with a perfect bounce last month. Is this Triangle ready to break to new Highs next month? Feel free to share your work and let me know in the comments section!

Please like, subscribe and share your ideas and charts with the community!


!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!

๐ŸŽ‰ ๐Ÿ‘ Shout-out to TradingShot's ๐Ÿ’ฐ top TradingView Coin donor ๐Ÿ’ฐ this week ==> TradingView

Manage your crypto wealth at BitCoke Fixed-Income. Steadily earn risk-free Bitcoin.
Click below๐Ÿ‘‡

- 12%-18% annualized yield for BTC deposit
- 7/30/90 day, fixed interest, risk free
- trusted, BitCoke listed on Tradingview


I think it's likely, especially if Trump wins reelection.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out