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Hellena_Trade

Hellena | DJI (4H): Short to support area 34200.

Short
Dow Jones Industrial Average Index (TVC:DJI)  
Hellena_Trade Updated   
TVC:DJI   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Wave Analysis dowjones DJI hellena hellenatrade Forex forexsignals signalservice wavetheory Contains image
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Dear colleagues, I decided to update the idea. In principle, there are practically no changes. I believe that the price may retrace the high of 35250 again, completing wave 5. Then I still expect the price to decline. The nearest target is the support area 34200.

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Comment:
Dear Colleagues, I believe that in the coming week the price will start a downward movement towards the target 32204. I remind you that the end of wave 5 may not be finished and the price may move to the resistance area 35586.
Comment:
Dear Colleagues, I have been expecting a price reduction for quite some time now. At the moment, a small update of the maximum to the area of 35600 is possible. The price is in the area of short positions. I consider only short positions!
snapshot
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