Dow Jones - DJI Description : Bullish Channel as an Corrective Pattern in Short Time Frame and it has Breakout the Lower Trend Line , It will Complete its Retracement at Previous Strong Support or till its Lower Trend Line at Fibonacci Level - 61.80% / 78.60% Entry Precautions : Wait until it Rejects with Strong Bearish Price Action
Downjones is in the uptrend channel and just touch the bearish OB to form the wave 4, Now if breaks the red line, it's the confirmation to toward to the wave 5
DOWNJONES is going to complete the sub-wave5, wave 3, and watch for break the red line to complete wave 4 of abc correction wave, and then consider to buy at wave 4 zone again.
A few days ago, we've entered and hold 1st position around 3000 pips til now. Technically the price is going to retrace to around buy zone that I marked and expect to completed the wave 4 Then go up to sweeps the BSL(Buy side liquidity) to formed wave 5 and the expected target will be around 35400 level
Looking at the H4 chart, price is currently in our sell entry zone at 32523, which is an overlap resistance along with 38.2% Fibonacci retracement. Our take profit will be at 32268, which is an overlap support along with 38.2% Fibonacci retracement. The stop loss will be at 32862, which is slightly above the swing high resistance. Any opinions, news, research,...
This expectation is a framework to look for a potential trading setup; I recommend you to not just execute based on these levels. I always wait for confirmations on lower timeframes Click on Boost (like) to support these free analyses! This Analysis was done using my complete Strategy which includes: - Smart Money Concepts - Multi Timeframe Liquidity and Market...
aiming for a break out of that consolidation so we can star making some big money moves
Here my vision last night with DOWNJones and operating WING23 (Brazil Futures). Great Day.
The Dow Jones is in a precarious spot and is going to be hard to call. I have been eyeing this upper gap for some time with an expectation of a fill, notably we created one today that is below us. The upper gap would clearly put us in line with a Santa Claus rally. I've been bearish forever and do expect the lower one to fill eventually. Not financial advice, DYOR
Price sitting at the demand level that created the BOS, i'm favoring buys here until we get a solid break/candle close below the PRZ then i'll look for retests and short opportunities down towards the DL! Let me know your thoughts!
Dow Jones has had a nice rally here but we should see soem more downside as the economy weakens and the Fed keeps raising interest rates
Price retest while forming Bullish Penant. Momentum: Potentially forming Hidden Bullish Divergence Pattern: Bullish Penant
dear traders and investors dow jones finlly breaking this trend line as support i expect to sell dow jones and target will be in 32785
Hello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you...
Hello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you...
I think the DJI has been toast for awhile but with all bear markets, dead cats will bounce. We overshot my original target, then came back, now what? NFA, DYOR
I think we will see $31k soon and volatility could get worse with just about any news at this point. Very few assets look tempting at this point, and this index represents the dismay. NFA, DYOR
As above. Printing bad news all around.... MACD on 1M likely getting ready to cross with big dump ahead would be my guess. MACD on 1W also looks like it will head into NEGATIVE territory as well. Bearish divergence on RSI for 1W and 1M charts been going on for quite some time to boot. Rounded top forming. Next large gap fill down to 30K in near term looks...