Dow Jones crossed over even Resistance 1 (34950) and is getting very close to the top of the Channel Up.
Along with the RSI (1d) entering the 70.00 overbought zone, the index is starting to give the first sell signal.
Trading Plan:
1. Sell from the current market price to Resistance 2 (35535).
Targets:
1. 34150 (potential contact with the MA50 1d).
Tips:
1. Every Higher High rejection inside this Channel Up was made on a Double Top could. That's the reason for us providing a sell range.
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Notes:
Past trading plan:
Along with the RSI (1d) entering the 70.00 overbought zone, the index is starting to give the first sell signal.
Trading Plan:
1. Sell from the current market price to Resistance 2 (35535).
Targets:
1. 34150 (potential contact with the MA50 1d).
Tips:
1. Every Higher High rejection inside this Channel Up was made on a Double Top could. That's the reason for us providing a sell range.
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.