Dow Jones is approaching Support (1) and the Rising Support of the 2023 Channel Up.
The Support (1) level has been holding for 5 months.
Based on the Falling Resistance that initated the current correction and the rejection on the MA50 (1d), the price action is identical to November 2022 - March 2023 so far.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 34800 (Falling Resistance).
Tips:
1. The Sine Wave tool very accurately displays the Cycle of peaks and bottoms since late 2022 and shows the price is on the most optimal bottom buy level time wise.
Please like, follow and comment!!
Notes:
Past trading plan:
The Support (1) level has been holding for 5 months.
Based on the Falling Resistance that initated the current correction and the rejection on the MA50 (1d), the price action is identical to November 2022 - March 2023 so far.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 34800 (Falling Resistance).
Tips:
1. The Sine Wave tool very accurately displays the Cycle of peaks and bottoms since late 2022 and shows the price is on the most optimal bottom buy level time wise.
Please like, follow and comment!!
Notes:
Past trading plan:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.