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Muhammad_syafiee
Aug 19, 2020 5:25 PM

Dow Jones Resistance at 88% with Retracement and 50% Expansion Short

Dow Jones Industrial Average IndexTVC

Description

Zooming out to the bigger time frame from monthly to weekly to daily. We are seeing level confluence at the range. In this drawing, it is just the retracement. If you look at it, there is also an Expansion of 50%. If you take the low of 23rd March with the High of 27 April on the Weekly chart, You'll get 28039. If the week shows negative, we might see some moves happening next week. Bigger time frame its easier to see. 4hr Chart showing harmonic patterns too if you're looking for early entry.
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