TradingShot

DOW JONES may need to hit the 4H MA200 to go higher

TVC:DJI   Indice Industriale Dow Jones
Pattern: Channel Up on 1D.

Signal: Buy if the price hits the 4H MA200 (orange trend-line) as it is the most optimal buy signal in the past 2 months.

Target: 36400 (the 2.0 Fibonacci extension).



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