Aurum Markets Blog Technical Analysis DOW 30 – getting close to resistance of a Ascending Triangle

DOW 30 – getting close to resistance of a Ascending Triangle

DOW 30 – getting close to resistance of a Ascending Triangle post thumbnail image

Emerging Ascending Triangle detected on DOW 30 – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 44498.55 and it is expected to move to 45085.9770.

Target: 45085.977 Entry: 44498.55 Stop: 44074.49

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