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Hellena_Trade

Hellena | DJI (4H): Short to support area 37041.78.

Short
Dow Jones Industrial Average Index (TVC:DJI)  
Hellena_Trade Updated   
TVC:DJI   Dow Jones Industrial Average Index
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Dear colleagues, I assume that the price has either completed the 5th wave or is completing it. Therefore, I suppose that the price starts its downward movement. I suppose the first target is the support area 37041.78. This is the area of the wave 4 low.

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Comment:
Dear Colleagues, in the coming week I assume that the price will continue its downward movement. Wave 5 probably turned out to be truncated. Therefore, my thoughts are only about short positions to the 37041 area.
Comment:
Yesterday and today, the price was steadily heading in the right direction. I suppose that after the correction we will again see a downward movement to the target.
Trade closed: target reached:
Well done!
snapshot
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