There's an opportunity to have wave 5 of (5) of {3}
There's an opportunity to have a bullish impulse in wave 3 of (5)
There's an opportunity to have another bullish impulse
There's a possible diagonal triangle in wave 5 of (3), so bears are likely going to deliver wave (4)
There's an extension in wave {3} of iii, so a new high is coming next week
There's an opportunity to have a huge extension in wave (iii) of {iii}
Here is the way I see it. Generally (but not always) when prices rise into a triangle they rise coming out of it.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
As long as the dow holds over the 19835 during this week trades expect price to reach a higher targets around 19972 and 20050 only the break under 19835 cancel the scenario
A 5 day consolidation flag has broken to the upside...a long entry on the re-test looks to be a good setup in riding the market to 20000.
An opportunity to sell after breakdown the Trend Line don't miss this nice setup the stop will above the highest price in few pips Have a nice day
As long as the dow holds under the 19835 during this week trades expect price to reach a lower targets around 19650 an 19540 only the break over 19835 would take us to 19940 and 20000
"it`s been a long time as we`re coming" & "theres no turning back now ..." (www.youtube.com) as the blues - under the clintons (with their fake code red policy) takin over the US - after the cold war! By the way, paint it on the wall , if u don`t wanna buying it ;) After Bush junior and Obama, meanwhile Trump will be right red president, with the best result...
basic upside trend is still intact - and runs around 19500 (today) and even around currently prices around 19838 (while 23rd december`16). How ever much more important is the 19810 price are, in my opinion! `Cause this price was the low before yesterdays fed rate hike. And from this point of view, technicly bulls need to defeat this price areafirstly, to get...