Cabana Capitals Blog Technical Analysis DOW 30 – getting close to resistance of a Triangle

DOW 30 – getting close to resistance of a Triangle

DOW 30 – getting close to resistance of a Triangle post thumbnail image

An emerging Triangle has been detected on DOW 30 on the 4 hour chart. There is a possible move towards 42175.3262 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.

Target: 42175.3262 Entry: 42068.67 Stop: 41834.82

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