{"id":10711,"date":"2020-10-23T09:15:31","date_gmt":"2020-10-23T09:15:31","guid":{"rendered":"https:\/\/tradingshot.com\/?p=10711"},"modified":"2023-05-02T09:17:33","modified_gmt":"2023-05-02T09:17:33","slug":"dow-jones-recurring-bullish-pattern-on-the-1w-time-frame","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2020\/10\/23\/dow-jones-recurring-bullish-pattern-on-the-1w-time-frame\/","title":{"rendered":"DOW JONES Recurring bullish pattern on the 1W time-frame?"},"content":{"rendered":"

 <\/p>\n

The Channel Up since June has fairly the same basic structure (even though more aggressive) than the one from March to September 2019, which led to the pre-COVID All Time High.<\/p>\n

That pattern ended with a Lower High than created a Triangle, which eventually broke to the upside to the ATH. Dow Jones made that Lower High last week. See also how the RSI consolidated during both Channels.<\/p>\n

The index has already defended the 1W MA50 (blue trend-line) with a perfect bounce last month. Is this Triangle ready to break to new Highs next month? Feel free to share your work and let me know in the comments section!<\/p>\n

Please like, subscribe and share your ideas and charts with the community!<\/strong><\/p>\n

——————————————————————————————————–<\/p>\n

!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!<\/p>\n

\ud83c\udf89 \ud83d\udc4d Shout-out to TradingShot’s \ud83d\udcb0\u00a0top TradingView Coin donor<\/strong>\u00a0\ud83d\udcb0 this week ==>\u00a0TradingView<\/a><\/p>\n

——————————————————————————————————–<\/p>\n

Tradingview link:<\/p>\n

https:\/\/www.tradingview.com\/chart\/US30USD\/RQ0v2x0v-DOW-JONES-Recurring-bullish-pattern-on-the-1W-time-frame<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  The Channel Up since June has fairly the same basic structure (even though more aggressive) than the one from March to September 2019, which led to the pre-COVID All Time High. That pattern ended with a Lower High than created a Triangle, which eventually broke to the upside to the ATH. Dow Jones made<\/p>\n","protected":false},"author":611,"featured_media":10712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1639],"tags":[],"class_list":["post-10711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stockindices"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=10711"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10711\/revisions"}],"predecessor-version":[{"id":10715,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10711\/revisions\/10715"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/10712"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=10711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=10711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=10711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}