VasilyTrader

Dow Jones (US30): Bullish Move From Key Level Explained

Long
BLACKBULL:US30   Dow Jones Industrial Average Index

Dow Jones Index is trading in a bullish trend.
After the price set a new higher high on a daily, it retraced to a key daily structure support.
A doji candle was formed on that.

Analyzing a 4H time frame, we can spot a confirmed bullish breakout of a resistance line of a falling channel and an inverted h&s pattern formation with a violated neckline.

These bullish clues make me think that the price may bounce.
Goals will be 34820 / 35050

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