DOW JONES Take advantage of this excellent channel!

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Dow Jones is trading inside a Channel Up for the past three weeks. With the use of the Fibonacci Channel we clearly see the heavy varience levels within 0.236 - 0.786. We will buy low and sell high for as long as the pattern remains valid.

Trading Plan:
1. Buy on the current 4H candle.
2. Sell at 34300.
3. Buy at 33900.
4. Sell at 34400.

Targets:
1. 34300.
2. 33900.
3. 34000.
4. 33950.

Tips:
1. The 4hour RSI is inside a range that matches perfectly the highs and lows of the Channel. Use it for additional confirmation of entries/ exits.

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Feragatname

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