Welcome to TradrHq, We provide Technical Analysis for a selected currency pairs and Indexes
The Dow Jones has been on a continues straight bullish trend since October of last year breaking our weekly resistance 27k and monthly 28k. FYI our target 28k set back in September of 2019 has been met.
So what do we expect from the Dow Jones this month. I dont see the Dow continuing to push higher as more conflict overseas arise. Not to mention conflict here in the states we are not aware of. Lets talk numbers, (29340) marks our first H4 resistance after the Dow all time high move. We are anticipating a (29050) move as we start this week trading week. This retracement early in the trading week could signal a potential continuation move signaling that a break of our weekly resistance 29k is likely.
For now we sit bakc a wait for the market to show us the hand before we take any actions.
Target #1: 29060
Target #2:
Use 1% -5% risk per Position!
(Remember to use stop loss to limit your losses and protect your account !)
LEAVE US A COMMENT SO WE CAN KEEP OUR COMMUNITY ALIVE AND ENGAGED
Visit our site to take your trading skills to the next level and master the art of trading the Forex market.
Like always thank you for visiting our page we hope you have a wonderful trading week.
LEARN EARN TRADE REPEAT
TradrHqCeo
The Dow Jones has been on a continues straight bullish trend since October of last year breaking our weekly resistance 27k and monthly 28k. FYI our target 28k set back in September of 2019 has been met.
So what do we expect from the Dow Jones this month. I dont see the Dow continuing to push higher as more conflict overseas arise. Not to mention conflict here in the states we are not aware of. Lets talk numbers, (29340) marks our first H4 resistance after the Dow all time high move. We are anticipating a (29050) move as we start this week trading week. This retracement early in the trading week could signal a potential continuation move signaling that a break of our weekly resistance 29k is likely.
For now we sit bakc a wait for the market to show us the hand before we take any actions.
Target #1: 29060
Target #2:
Use 1% -5% risk per Position!
(Remember to use stop loss to limit your losses and protect your account !)
LEAVE US A COMMENT SO WE CAN KEEP OUR COMMUNITY ALIVE AND ENGAGED
Visit our site to take your trading skills to the next level and master the art of trading the Forex market.
Like always thank you for visiting our page we hope you have a wonderful trading week.
LEARN EARN TRADE REPEAT
TradrHqCeo
