PRICE ACTION DAILY | TRADING SIMPLE

Hello Naked Traders!

Dow Jones

The price of the american¬† “industrial” index has now tested the key resistance at 13,400 points before falling heavily and close the session at 13,340 points. On the daily chart we can see an obvious price action strategy that has its bearish trigger point on the breakout of 13,290 points. The first target is the support area at 13,090 points.

 

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