| Dow Jones traders alert: Don't miss out on a possible trading opportunity! In this video, we examine what happens when a technical chart pattern "busts" and the impact it can have on your trades. We take a look at the Dow Jones futures (YM) on the four-hour chart and analyze the recent breakdown of the bear flag. We also explore the potential for a bullish opportunity if the price enters and stays inside the bear flag. For early traders looking to maximize reward vs. risk, we highlight the importance of seeking a close of a 4-hour candle inside the bear flag. Those seeking a higher degree of confirmation can wait for two consecutive candles of four hours' length that close inside the channel. Get ahead of the game and make informed trades with our in-depth Dow Jones technical analysis. |
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