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Hellena_Trade
Feb 14, 2024 4:47 AM

Hellena | DJI (4H): Short to 61.8% Fibo 37810. Short

Dow Jones Industrial Average IndexTVC

Description

Dear colleagues, the price has gone down. I believe that the price has not yet finished its downward movement and wave 2 will go even lower. I assume that the price will reach the 61.8% Fibonacci level of 37810.

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Comment

The price is in a corrective move towards swing area 38604. This means that we have an opportunity to find the most profitable entry into short trades. Be careful and follow the updates.

Comment

The price tested swing area 38604, but it is not in a hurry to start a downward movement. I expect the number of buyers to decrease, taking into account the news background. If the price goes higher, it will mean that wave 2 has stopped at 38047.
Comments
Awii_Khan
Is it still valid or any change ?
Hellena_Trade
What do you think of this idea?
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