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WinnerTrader99

$DJI Identical Bearish candlesticks Targeting 27400 SHORT

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Índice industrial médio Dow Jones (DJ:DJI)  
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DJ:DJI   Índice industrial médio Dow Jones
Trend Analysis Chart Patterns Technical Indicators
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One of identical bearish pattern where Long green candle followed by hangman and confirmed by other long red candle . Noticed MFI is declined during latest bounce . while RSI broke down Oct trend .. now heading to June trend line . Also other double top pattern occurred and if recent correction was in term of 5 % i think next one will be in range of 15% . To confirm bearish move , need to open lower on Monday and close with other red candle then 1st target will be 28200 if broken then will go quickly to 27400. This idea valid till its go upper than previous double tops above 29200 which can stop loss for short positions too..
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