道瓊工業平均指數

DOW JONES Sell the rejection, buy the breakout.

205
Dow Jones is above the MA50 (4h), approaching the Falling Resistance of the February 14 Top.
It also is on the 0.382 Fibonacci level, so a rejection is quite probable.
The long term bottom though is in as the price is rising on a Triple Bottom.

Trading Plan:
1. Sell the Resistance rejection.
2. Buy a break over Fibonacci 0.5 and MA200 (4h).

Targets:
1. 32100 (MA50 (4h)).
2. 33600 (Resistance 1).

Tips:
1. The RSI (4h) is rising steadily on Higher Lows. This shows a sustainable move and serious attempt to break the Falling Resistance this time.


Please like, follow and comment!!

Notes:
This is a continuation of this long term trading plan:

DOW JONES 1st time RSI oversold since September. Buy.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。