ProficientForex

Dow Jones - Ending Diagonal Pattern

There is an interesting convergence in the 240-minute chart in which there is a possibility of formation of a diagonal pattern.
Long term analysis is also offered, but it should be reviewed twice.
For this pattern, if the price can cross the range of 29868, a downward trend will be confirmed, and in case the price breaks the range of 30318, an upward trend will be created.

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