DOW Looking for the bearish reversal sell
Hello everyone:
Paying close attention to the US indices, and DOW here is showing us good potential bearish price action.
We see overall price has been in the HTF expanding structure, and within that, an ascending channel structure, correcting the price.
Its clear that the price isn't moving up impulsively, rather its moving sideway, consolidation period.
Latest price shows us a mini-double tops, and price gets there on the LTF with another small ascending channel, pairing with a Head and Shoulder Pattern reversal.
Look for the strong bearish breakout and any LTF continuation correction to get in on the sell.
Paying close attention to the US indices, and DOW here is showing us good potential bearish price action.
We see overall price has been in the HTF expanding structure, and within that, an ascending channel structure, correcting the price.
Its clear that the price isn't moving up impulsively, rather its moving sideway, consolidation period.
Latest price shows us a mini-double tops, and price gets there on the LTF with another small ascending channel, pairing with a Head and Shoulder Pattern reversal.
Look for the strong bearish breakout and any LTF continuation correction to get in on the sell.
註釋
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。