More accurate represenation of the dow idea with the index chart rather than the stock chart published previously. Short 24729 region , prelim target 23909. Trail with DA stop Price is gaining downward momentum towards sell region.
Looking for an entry around 24351/24399 level. Confluence can be found at approx 24472 level. Likely target levels will be 24714/24760 and 24857; but these might change depending on how the trade progresses.
A bullish white swan pattern is beginning to form on the daily chart. This pattern is also supported by demand zones on both the Daily and Weekly timeframe (only daily demand present on the chart as overlapped).
Initial target PT = 0.78425
Extended target PT = 0.80426
Happy trading :)