DOW JONES Death Cross on 4h after 3 months.

Dow Jones posted its first Death Cross on the 4h timeframe since February 22th.
This should prepare us for more selling if Support (1) breaks.

Trading Plan:
1. Sell under Support (1).
2. Buy over the MA200 (4h).

Targets:
1. 32450 (Channel Down bottom).
2. 34500 (Megaphone top and Resistance 1).

Tips:
1. RSI (4h) is posting a price action indentical to the one on the start of the Megaphone.

Please like, follow and comment!!

Notes:
Past trading plan:

DOW JONES broke above the Falling Resistance. First buy signal.

TradingBrokersView

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 on:

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.

TradingBrokersView

Also on: