Dow Jones Sustains Growth: Short-Term Bullish Strategies in Play

Jul 3

During the Wednesday session in London, the Dow Jones continued its upward trajectory. After experiencing a pullback at the $39,000 mark, the price resumed its ascent, forming a bullish candle. Our analysis suggests that the price is likely to continue rising until it reaches the Supply area, where we anticipate a potential correction.

In the meantime, we are focusing on short-term positions on lower timeframes to capitalize on this bullish continuation. These positions are aimed at taking advantage of the ongoing upward momentum as the price approaches the Supply area. By carefully monitoring the market and adjusting our strategies accordingly, we aim to maximize our gains from this bullish trend before any potential reversal occurs.



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Jul 16

Trade closed: target reached