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Muhammad_syafiee
Sep 19, 2022 6:16 AM

Fibonacci 0.618 yet again Short

Dow Jones Industrial Average IndexTVC

Description

It's straightforward. Monthly and weekly time frames will cancel the noises. As you see this has perfectly reacted. Now we want to see how low it will go for a potential upside. Be patient, let it come to you, wait for price reaction and reversal to enter.
Comments
Laurent10
Why not short/sell to +/- 29600??
Muhammad_syafiee
@Laurent10, because i have entered right at the top. don't force if you missed but you may wish to wait for a pullback to renter on the zones
Laurent10
@Muhammad_syafiee, I also entered pretty much at the top...however now I'm wondering when to close my shorts or add to them. Will this go further down still to +/- 28k or even lower?
Thanks again
Cheers
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