tidaltrader

DOWJONES 30 | DOUBLE ZIGZAG PATTERN

Long
OANDA:US30USD   US Wall St 30
As per my last post on DOW JONES 30 analysis 26775 act as resistance, But on that level price is quite sideways and broke that resistance. Current pattern looks like complex double zigzag patten, i am expect price will move to 26550 -- 26600 zone of resistance to complete this pattern. Still downside targets are there so market is in bearish to sideways only.
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.