AlgoVenture

Let's Try Selling Dow Jones Again

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FX:US30   Dow Jones Industrial genomsnittsindex
Dow Jones fell yesterday upon the completion of a bearish Gartley
It stopped falling after one solid bearish wave and turned indecisive
As the price moved up and down, a bearish Cypher was already about to be completed.
This could give traders a good reason why they should give the bear another chance to perform.
The turning point upon the completion of the bearish Cypher will also be boosted by a falling trendline that's connected by the 2 previous high.
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