A Strong US30 DOW JONES Pattern forming patiently....
The Dow Jones has been very slow building this pattern...it's very much important to see these patterns before they occur so that we can capitalise on them being fully prepared mentally and psychologically!
US 30, As i said before, has a NEGATIVE CIRRELATION with USDCAD....As US30 Goes up, The USDCAD is falling...Go check the USDCAD pattern shared...it is heading downwards for a 3rd touch on Descending trendlin - support. And here the, US30 is heading upwards for a 3rd touch on ascending trendline - Resistant.
It's very important to know this.
For instance, EURUSD is on NEGATIVE CORRELATION with the USDCHF...when EU goes up, the UCHF goes down...It helps to know such for your trading...However, we are here on US30...i will be looking for buying opportunities here, however, the biggest focus is on the completion of the pattern with a 3rd touch, then i can have my sell after confirmation!
Please do follow my channel to help this channel grow and have more audience for free content.
#ForexConnect
Cheers...
US 30, As i said before, has a NEGATIVE CIRRELATION with USDCAD....As US30 Goes up, The USDCAD is falling...Go check the USDCAD pattern shared...it is heading downwards for a 3rd touch on Descending trendlin - support. And here the, US30 is heading upwards for a 3rd touch on ascending trendline - Resistant.
It's very important to know this.
For instance, EURUSD is on NEGATIVE CORRELATION with the USDCHF...when EU goes up, the UCHF goes down...It helps to know such for your trading...However, we are here on US30...i will be looking for buying opportunities here, however, the biggest focus is on the completion of the pattern with a 3rd touch, then i can have my sell after confirmation!
Please do follow my channel to help this channel grow and have more audience for free content.
#ForexConnect
Cheers...
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