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Hellena_Trade

Hellena | DJI (4H): Short to 61.8% Fibo 37810.

Short
Dow Jones Industrial Average Index (TVC:DJI)  
Hellena_Trade Updated   
TVC:DJI   Dow Jones Industrial Average Index
Trend Analysis Wave Analysis Chart Patterns DJI DOW hellena hellenatrade forexsignals Forex wavetheory Contains image
15
2
trendanalysis waveanalysis chartpattern dji dow hellena hellenatrade forexsignals forex wavetheory containsimage
Dear colleagues, the price has gone down. I believe that the price has not yet finished its downward movement and wave 2 will go even lower. I assume that the price will reach the 61.8% Fibonacci level of 37810.

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Comment:
The price is in a corrective move towards swing area 38604. This means that we have an opportunity to find the most profitable entry into short trades. Be careful and follow the updates.
Comment:
The price tested swing area 38604, but it is not in a hurry to start a downward movement. I expect the number of buyers to decrease, taking into account the news background. If the price goes higher, it will mean that wave 2 has stopped at 38047.
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