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Dowtheorytrading

AUDUSD: Bullish Divergence Signals Long Opportunity📉 Overview: AUDUSD, post-downtrend, exhibits a bullish divergence, hinting at a potential reversal. With a strong 90% long market sentiment, the analysis suggests a long trade upon the break of the last lower high (LH). 📈 Technical Analysis: Bullish divergence after the downtrend provides a promising signal for a potential upward move. 📊 Market Sentiment: With 90% long sentiment, there is substantial support for the expected bullish reversal. 📉 Trade Strategy: Consider entering after the break of the last LH, aligning with the bullish divergence and overall market sentiment. 🛑 Risk Management: Implement risk management measures, including setting stop-loss orders, to mitigate potential losses. 📈 Conclusion: AUDUSD offers a favorable long trade opportunity, supported by a bullish divergence and strong market sentiment. Monitor for the break of the last LH and adapt positions accordingly.
Long
by miansarimhameed
NZDJPY: Bullish Divergence and Fib Retracement Signal Potential📈 Overview: NZDJPY, amid a bullish trend, shows a bullish divergence near its higher low. The current retracement from the 0.618 Fibonacci level suggests potential upside. 📊 Technical Analysis: Bullish divergence and retracement from 0.618 indicate a favorable risk-reward ratio for potential long positions. 📉 Trade Strategy: Traders may consider long positions, with entry near the current retracement level, anticipating an upward move. 🛑 Risk Management: Mitigate risks with stop-loss orders to protect capital in case of unexpected price movements. 📈 Conclusion: NZDJPY offers a concise opportunity for further upside, supported by bullish signals. Monitor for confirmation and adjust positions accordingly.
Long
by miansarimhameed
GBPNZD: Instant Entry on Strong Bearish Trend with DOW Theory📉 Overview: GBPNZD is currently in a robust bearish trend, offering traders an immediate entry opportunity. Our analysis, grounded in DOW Theory, underscores the strength of the downward movement. 📊 Technical Analysis: DOW Theory principles highlight a consistent pattern of lower lows and lower highs, affirming the prevailing bearish trajectory. 📈 RSI Confirmation: RSI shows no bullish divergence, reinforcing the sustainability of the bearish trend. 🎯 Trade Strategy: Proposing an instant entry aligned with the bearish trend, traders can set predefined targets for potential profits. 🛑 Risk Management: Implementing strategic stop-loss orders is crucial to manage risks and safeguard capital. 📉 Conclusion: GBPNZD presents a compelling opportunity for traders to capitalize on the strong bearish trend. Confidence is derived from the synergy of DOW Theory and RSI analysis. Caution, risk management, and close monitoring are advised.
Short
by miansarimhameed
4013: Watchout for trendline Breakout4013 has been in correction after making ATH. A significant support (Ascending trendline) was broken in recent past for the first time. After completion of Harmonic Pattern, Double Bottom formation, a short upside move is observed (formation of HH, HL). However, ascending trendline will be acting as resistance now. Although, breakout of trendline was observed during the recent bullish trend, but couldn't sustain. Wathout for breakout of ascending trendline resistance for long entry. Trade with SL
TADAWUL:4013Long
by YASIRWA
DOW THEORY APPLIEDADA is showing one of the tenets of the DOW Theory. According to Dow, the market has three phases: 1) An accumulation phase 2) A public participation phase 3) A distribution phase The accumulation phase represents informed buying of the investors. The public participation phase is where the prices advance rapidly along with great news. In the distribution phase, the same "informed investors" who "accumulated" near the bottom begin to "distribute". Right now, we might expect a couple of months-long Accumulation Phase before any rally due to Public Participation. For more information on Dow Theory, you can read "Technical Analysis of Financial Markets" by Johny J. Murphy
Education
by Mr_Banker
$DJT: Dow Jones Transportation Average Not Confirming The RunIf you wanted to know whether or not the market was on a bull run or not, all you had to do was look at the Dow Jones Transportation Average or even AMEX:RSP (which definitely does not fit the bull market, showing that overall the S&P 500 has barely broken 15% gain since October). More important though is the transportation average breaking off from the rally ahead of the rest of the market. When transportation is leading us lower this is not a good sign for the economy. Other economic indicators support this thesis. For example, cardboard box demand is the lowest it's been since 2008. Showing signs of a decline in goods demand. For more insights on trading and investing check out the Equity Channel Podcast on Apple, Spotify and Amazon.
DJ:DJTShort
by D1Finance
what is the difference between trend lines ?? as u can see here in ethusdt there are four trend lines ( three of it are main ) first of all what is trend line categories :- 1- major trend."primary trend" 2- secondary trend ." intermediate trend" 3- minor trend ." near term trend " _ ( major trend ) dow theory classifies the major trend as being in affect for longer than ayear and it differs from market to another as example in the commodity markets major trend is anything over six monthes . _( secondary trend) dow defined this trend as three weeks to as many monthes and its the same for the futures market. _(minor trend) this defined as anything less than two or three weeks. *i hope its short and informative.
Education
by alieltahan33