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Hellena_Trade

Hellena | DJI (4H): Long to sresistance area 33587.

Long
Dow Jones Industrial Average Index (TVC:DJI)  
Hellena_Trade Updated   
TVC:DJI   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Wave Analysis dowjones DJI hellena hellenatrade Forex forexsignals signalservice wavetheory elliottwaveforecasts
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trendanalysis chartpattern waveanalysis dowjones dji hellena hellenatrade forex forexsignals signalservice wavetheory elliottwaveforecasts
Dear colleagues, the price continued its downward movement. This means that wave 4 is stretching further than I thought. At the moment I assume that the price may reach the support area 32613.28. Then I expect growth and the beginning of the formation of wave 5. The nearest target is the resistance area 33587.94.

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Comment:
I'm expecting an update of the low. Price is showing accumulation of strength, which usually ends in a false breakout.
Comment:
Well done!
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