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jojofang0901
Feb 17, 2021 4:42 PM

DOW Looking for the bearish reversal sell  Short

US Wall St 30OANDA

Description

Hello everyone:

Paying close attention to the US indices, and DOW here is showing us good potential bearish price action.

We see overall price has been in the HTF expanding structure, and within that, an ascending channel structure, correcting the price.

Its clear that the price isn't moving up impulsively, rather its moving sideway, consolidation period.

Latest price shows us a mini-double tops, and price gets there on the LTF with another small ascending channel, pairing with a Head and Shoulder Pattern reversal.

Look for the strong bearish breakout and any LTF continuation correction to get in on the sell.

Comment

Comments
trustingHare96067
Has DOW changed its course?
Bullish continuation corrections followed by a bullish impulse?
Mihai_Iacob
Very, very nice!
Thanks!
P_S_trade
Thanks for sharing
abel11
Wow this is incredibly cool!
jojofang0901
@abel11 thx 🙏
TheSignalyst
jojo you are awesome!
jojofang0901
@TheSignalyst you as well keep it up
Karzon
Thanks
jojofang0901
TheTradersAvenue
Great explanation, thank you!
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