Pair : Dow Jones - DJI Description : Bearish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Completed " 123 " Impulsive Waves Support Level
Dow Jones seems pretty much bearish. Am expecting push back to 32642 area where price has formed resistance after which slight consolidation and downwards drop follows. I would take advantage of the support level tags as target(1,2,3) and my profit levels NOTE: This is just analysis based on price structure and not a trade advice.
Price reacted at the first POI to give us the bull run we expected. I've taken 90% profit on my position because i still have a poi lower that price could also aim for next week. We killed US30 this week. Let's do more next week. Kindly like and comment for more educational content.
After our successful sell operation LOL. We are looking towards a bullish continuation of the Dow Jones. We have a good demand zone marked out to carry out our trade. Sit tight and watch.
Pair : Dow Jones ( DJI - US30 ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame Impulse Correction Completed " abc " Corrective Wave Resistance Level Divergence - RSI
It seems that Dow Jones Index is forming a Descending Broadening Wedge Pattern on the daily time frame so that it has managed to create bottoms and tops according to the pattern. I expect a third bottom to form in one of the 🟡PRZ(Price Reversal Zones)🟡 . Dow Jones Industrial Average Index Analyze (DJIUSD), Daily time frame⏰. Do not forget to put Stop loss...
As I said in a previous Idea about Dow Jones, If DJI touches 31885$, we can verify the first scenario.👇 DJI will make the Expanding Leading Diagonal, and I expect that DJI will go down to the end of main wave 5(zones). Dow Jones Analyze (DJIUSD), Timeframe Daily⏰(Log Scale) 🔴Resistance zone: 33700$ until 33260$ 🟢Heavy Support Zone: 31260$ until 29680$ Do...
Hello Folks, I can sight a lot of buying opportunities for US30 index pair. Firstly, from yesterdays amazing drop comes a good price touch at our psychological level (33500) and closure above that level (33574)). This signals huge buy in chance for BULLS What is NEXT? 1. Sniper Entry - I expect price to pull back into 70%-89% fibo level (33436 area). If we...
Its look great to short here because we have some confirmation so enjoy it the rising channel have been breakdown and the RSI is making bearish divergence
Merry Xmas folks! Am back fresh and stronger! US30 has been ranging between 33500 and 34500 since November 22, 2022 (see psychological levels on chart) . Daily TF looks very bullish where we expect a flip of the daily candle for price to continue heading downwards with targets between 33824 and 33611 levels. Moving to intraday (4H, 1H, M30 TF), with strong...
Looking at the 1M BTC Chart Over the DJI Index I cannot help but notice a 2018 type similar fractal fib retracement pattern. With the current market conditions could lead to a possible retracement on the DJI Index to the 18k-21k $ region, in that scenario we can expect BTC to retrace to the 7k-10k $ levels. Described a possible playout with plenty bull traps and...
Dow Jones Industrial Average Index technical analysis (DJI) moved as I expected it 👇✅. DJI was pushed back from the resistance zone & SMA 20 (monthly TF) as I expected. Now, we have Two Scenarios here: Scenario 1: DJI will make the Expanding Leading Diagonal. Scenario 2: DJI has passed the corrective waves by Double Zigzag Correction, and We have to wait for...
Today we will discuss the Dow Jones Industrial Average Index technical analysis in a Daily timeframe chart. DJI finished its ascending trend after breaking below the ending expanding diagonal pattern. As you can see, we have a major pivot in Support Line . I expect Dow Jones to make the same movement as Wave X (Near the Important Resistance Line ),...
Hey traders, in today's trading session we are monitoring US30 for a selling opportunity around 34100 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring US30 for a buying opportunity around 34300 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in the coming week we are monitoring US30 for a selling opportunity around 34800 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in the coming week we are monitoring US30 for a selling opportunity around 34900 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring US30 for a selling opportunity around 34100 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.