This trade setup on DOW 30 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 41930.1262.
ARTÍCULOS RELACIONADOS
ASX 200 – approaching a support line that has been previously tested at least twice in the past
A Channel Down pattern was identified on ASX 200 at 8583.5, creating an expectation that it may move…
DAX 40 experienced a very large 2 days bearish move to 23657.6.
DAX 40 hits 23657.6 after a 3.05% move spanning 2 days.
Nikkei 225 through 40793.205128205125. Is this a confirming a breakout? Will it continue its path in the current trend toward 40022.5464?
The breakout of Nikkei 225 through the support line of a Triangle could be a sign of the…