The forecast for the OANDA:US30USD indicates a potential bearish trend. However, there may be a retest of resistance levels between 38445 and 38600 before the downtrend begins. The bearish movement is expected to target support levels at 37721 and 37499. Key Levels: Bullish Line: 38445, 38825, 39075, 39400 Pivot Line: 38000 Bearish Line: 37721, 37499, 37130, 36665
Considering the divergence in most of the main time frames, it is likely that the Dow Jones index will start a correction in the 1 hour time frame soon. Price targets are indicated on the chart.
H4 - Bearish convergence. Expecting short term bearish moves to happen here. H1 - Strong bearish momentum. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Dow Jones daily chart trendline breakdown.. it will might be go 38617. It's will be impact on Indian Share Market...
Pair : DJI - Dow Jones Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement. Completed " 12345 " Impulsive Waves and " AB " Corrective Waves. RSI - Divergence. Break of Structure.
Hello Everyone. Forex market seems to be stuck in a mud and we seems to be in a highly manipulative environment. but soon market is going to be normal and we will have alot of setups forming but as of now i have a Dow jones YMH2024 March contract for short.. the Current model is 2022 Model as per inner circle trader concept which is my personal favorite and the...
Dow Jones might be break the trendline first target 38109.. If dow Jones will fall it impact on Indian Share Market..
As I am still bullish on US30 this idea is a temporary move that I see playing out due to the past couple days being very bullish. As im expecting a pull back/retracement of some sort, I will be looking to take the sells at the 22hr supply zone. I will wait and see for price to show me its hands then go from there. As price hasnt slowed down yet im still waiting...
The Dow Jones is now reacting off my area of interest I am now expecting the Dow Jones to start swing bearish Confluences -0.618 bearish fib -0.27 bullish fib Incline trendline Decline Trendline Rejection point London Session rejection candlesticks
The Symmetrical Triangle is notorious for indecision. The price moves to the Apex in a symmetrical fashion and it's up to the traders to decide on whether to go long or short... We can see there are two scenarios. Either it breaks up with the 1st target to the top of the triangle at 35,653. Or it breaks down, breaks through the Uptrend for the first time...
The Dow Jones has recently breached a bearish flag pattern, leading me to anticipate a shift towards a bearish trend following nine consecutive weeks of bullish performance. There are several factors aligning to suggest that the Dow Jones may embark on a downward trajectory. Meanwhile, the outlook for gold appears favorable for long positions, signaling a...
This is a trimonthly (MN3) chart of DJI. Including 125 years of history, ALL that we have of it. It has taken DJI 35 years to reach this giant resistance. From the mid-channel in 1988. The divergence and weakening of momentum is obvious. This is a closer look: I don't see how it can cross this resistance before falling a great distance down. It is not...
My expectation is that the Dow Jones will break through the rejection point and decline trend line from October 2021. Once it does, there should be some bearish momentum, which will lead to a pullback to the rejection point and decline trend line, resulting in a move lower. At this point, gold should become very attractive, and it will be an opportune time to look...
if the CPI Data is Positive meaning over 5% US dollar will rocket if it is under 4.8% Dow Jones will sink.
The fall of the Dow Jones index / Are you ready to sell? It is easy to see that the Dow Jones index is going to fall, and the targets that I specified for you will first reach 31486.38, then it will have a corrective trend up to 32550.68. The next target that the index will see will be 28781.97 and that is where you can decide to go long.
Based off what's currently happening in the USA we can expect the market to go down even further - keep in mind that NFP (Non-Farm payrolls) is tomorrow so price will be extremely volatile, I am expecting price to takeout in the form of buys and then go the direction we want.
Seems toooo good to be true? Taking short positions on US3 on RS and TL - follow for more
After moving sideways, the Dow Jones should finally commit to dropping to the orange target zone. Within 32 401 and 31 689 points, the Index should hit the corrective low of the orange wave iv, which would turn the trend back North. On that note, we expect the course to rise above the resistance line at 34 707 in order to complete the blue wave (i). In our...