The patterns in the chart are :
1. Channel
2. Support/Resistance.
3 H&S.
4. Trendline BO
What pattern will form next? This is my expectation. Let us see whether price forms it.
Since the price has broken the support zone 34600, it is now moving towards 34320 and 34080.
We can expect bounce in the 34k area.
My view is bearish and I have marked the next support levels. Do your own analysis.
Give a like if you like the analysis/Dow Jones
1. Channel
2. Support/Resistance.
3 H&S.
4. Trendline BO
What pattern will form next? This is my expectation. Let us see whether price forms it.
Since the price has broken the support zone 34600, it is now moving towards 34320 and 34080.
We can expect bounce in the 34k area.
My view is bearish and I have marked the next support levels. Do your own analysis.
Give a like if you like the analysis/Dow Jones
Comment:
Channel...
Comment:
Done.
