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,...
Hello traders. I think the Dowjones will move up from the support areas identified.
Looking at the H4 chart, price is currently approaching our sell entry at 32531.66, which is an overlap resistance along with the 50.0% Fibonacci retracement level. If price were to reverse, it could drop to our take profit level at 31426.58, which is a multiple swing low. Our stop loss will be placed at 32992.92, which is an overlap resistance level. Any...
The Dow is testing an intermediate support at 31776 but we're seeing a really nice potential pullback to an overlap resistance of 32490 which is also a 38% fib retracement. A reversal from here could see prices drop all the way down to the next overlap support at 30285. It's worth noting that price has also crossed below the Ichimoku cloud suggesting that some...
Price has reversed from our support level, we could see the momentum carry the price up to its take profit target. Entry: 31726 Why we like it: There is a 50% Fibonacci retracement and overlap support Stop Loss: 30772 Why we like it: There is overlap support Take Profit: 32490 Why we like it: There is a 38.2% Fibonacci retracement and overlap resistance...
Hello traders. I think the Dowjones will move up from the support areas identified.
The price move in channel. we can scalp between H&L line of that .So it will be signed drop in 1D, W. I see DJ30 can shoot to 31896 Sell and injoy do right 👍
Sports movement is very fast In the upward movement, we see many shadows that indicate the weakness of buyers It seems that the downward trend is more likely ⚠️ This Analysis will be updated ... 👤 Banipal : @hosseinbakrani 📅 02.13.2023 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
With an resistance at 34350-34400 Dow is likely to move downish side.
* Here we can see clearly the next moves for DJ30 or US30 today, Forming a Double Bottom Soon ( W ), * We're expecting a downside move first before we get a bigger uptrend move later on the day, * We're using smaller time frame for a better view of our analysis, hence we can't predict the duration of our analysis, * With ADP Non-Farm Employment Change released...
DJ30 - Intraday - We look to Buy at 32824 (stop at 32600) Intraday, and we are between bespoke support and resistance 32824-33421. Expect trading to remain mixed and volatile. We have a 61.8% Fibonacci pullback level of 32821 from 32439 to 33439. Preferred trade is to buy on dips. Our profit targets will be 33421 and 33779 Resistance: 33422 / 33779 /...
DJ30 - Intraday - We look to Sell at 33080 (stop at 33480) 4 negative daily performances in succession. There is no clear indication that the downward move is coming to an end. 33080 has been pivotal. There is scope for mild buying at the open but gains should be limited. Bespoke support is located at 31450. Our profit targets will be 31450 and 28928 ...
DJ30 - Intraday - We look to Sell at 33735 (stop at 33885) The 261.8% Fibonacci extension is located at 34398 from 28612 to 30822. The medium-term bias remains bearish. Bespoke resistance is located at 33735. Rallies continue to attract sellers. Our profit targets will be 33400 and 32700 Resistance: 33735 / 34000 / 34400 Support: 33400 / 32697 /...
Everything may happen, yes, it is difficult to witness a decline in the Dow Jones index with the weakness of the dollar index, but I trust the technical analysis in this matter and the Dow will continue its decline towards levels of 31300 and may correct slightly to continue its march towards 30200 levels. 🔥💥 Like, Shared and subscription 💥🔥 Note: If you are a...
Lost out on one because of a slight calculation error but every mistake is a gift to be learned. Getting closer to the be all end all strategy ( maybe im delusional, or maybe im o the right track. Used a trend/percentage changes that happens every 3 months to get my fib figures. I only take trades that have one directional bias that last 24hours. Comment your...