US30 Dow Jones Indices (27/02/2019) Analysis
A LONG ENTRY had been triggered since 12 February 2019 and had been holding onto the LONG position to date 26 February 2019 (total of 14 days).
A profit of 915 pips and a risk reward ratio of 2.83, if manage to close the LONG position at the highest point within these 14 days.
Meantime it is still a LONG position and yet to exit the LONG position as price is currently still within the Uptrend Channel.
As of 26 February 2019, a BULLISH ENGULFING candle pattern is formed and confirmed with the stochastic oversold crossover level which shows an opportunity to BUY on dip or LONG at retracement.
A profit of 915 pips and a risk reward ratio of 2.83, if manage to close the LONG position at the highest point within these 14 days.
Meantime it is still a LONG position and yet to exit the LONG position as price is currently still within the Uptrend Channel.
As of 26 February 2019, a BULLISH ENGULFING candle pattern is formed and confirmed with the stochastic oversold crossover level which shows an opportunity to BUY on dip or LONG at retracement.