- October 13, 2021
- Posted by: Tradingshot Articles
- Category: Stock Indices
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Pattern: Inverse Head and Shoulders on 4H.
Signal: Buy as the price is close to completing the Right Shoulder and is on the 0.382 Fibonacci retracement level.
Target: 34700 which is the 0.786 Fibonacci retracement level just below the Lower Highs trend-line.
Tradingview link:
https://www.tradingview.com/chart/US30/WrZ0DBte-DOW-JONES-Buy-Signal