DOW JONES - DAILY UPDATE - THE CHANNEL TRADING
Hello trading friends,
This is an update for US30 depending on the last trends.
This is an update with the channel trading way.
- It's possible that Dow Jones will hit the channel lines and over with increasing trend first - but it's more about the confirmation and time frame
also, a small time frame increase can happen before the breakdown trend.
Dow Jones is still into the breakdown trend - there is still no green trend activated - also on the channel we see that dow jones is still into the breakdown trend.
that would be in some times better - as the trend volume needs further action.
In most cases, the breakdown trends and uptrends start difference. from history when whales want breakdown markets - they pump the markets further on the low time frame, after that there will be a new volume that will breakdown - and this exactly also for the uptrend.
And depending on TA - Dow Jones is also still into breakdown trend. (maintained)
Coming times are important for dow jones - if it makes the changes that we expect could happen - BTC will have also a chance.
Channel trading is at a low time frame - and TA gives more data.
Have a great time.
This is an update for US30 depending on the last trends.
This is an update with the channel trading way.
- It's possible that Dow Jones will hit the channel lines and over with increasing trend first - but it's more about the confirmation and time frame
also, a small time frame increase can happen before the breakdown trend.
Dow Jones is still into the breakdown trend - there is still no green trend activated - also on the channel we see that dow jones is still into the breakdown trend.
that would be in some times better - as the trend volume needs further action.
In most cases, the breakdown trends and uptrends start difference. from history when whales want breakdown markets - they pump the markets further on the low time frame, after that there will be a new volume that will breakdown - and this exactly also for the uptrend.
And depending on TA - Dow Jones is also still into breakdown trend. (maintained)
Coming times are important for dow jones - if it makes the changes that we expect could happen - BTC will have also a chance.
Channel trading is at a low time frame - and TA gives more data.
Have a great time.
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