Dow Jones has been closing daily over the MA100 (1d) for the past month.
It is making Higher Highs since the March 20th bottom, indicating that the trend remains bullish.
Trading Plan:
1. Buy as long as the price holds Support (1).
2. Sell if it breaks under it.
Targets:
1. 34500 (Resistance 1 and Rising Resistance).
2. 32800 (MA200 1d).
Tips:
1. The RSI (1d) has been rejected on its MA level and is making Lower Highs. That shows a Bearish Divergence that may eventually favour a Support (1) break.
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Notes:
Past trading plan:
It is making Higher Highs since the March 20th bottom, indicating that the trend remains bullish.
Trading Plan:
1. Buy as long as the price holds Support (1).
2. Sell if it breaks under it.
Targets:
1. 34500 (Resistance 1 and Rising Resistance).
2. 32800 (MA200 1d).
Tips:
1. The RSI (1d) has been rejected on its MA level and is making Lower Highs. That shows a Bearish Divergence that may eventually favour a Support (1) break.
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.