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syedhamza2135

Expanding Diagonals it is !!

Long
Dow Jones Industrial Average Index (EIGHTCAP:US30)  
syedhamza2135 Updated   
EIGHTCAP:US30   Dow Jones Industrial Average Index
Fibonacci Multiple Time Frame Analysis Wave Analysis US30 US WALL ST 30 dowjones
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fibonacci mtfa waveanalysis us30 us30usd dowjones
I have been keeping a close eye on Dow Jones ever since it was about to finish its Wave 3 which I mentioned in my previous analysis stating that the correction is incoming.

Right now, I am anticipating bounce from current region as much as 100%+ of Wave 3 making the overall market structure to be Expanding Diagonals.

I have mentioned my primary Wave and Sub-Wave count in the chart.
Hoping for the best :)
Comment:
The recent downward move in last couple hours has made me change my mind regarding LTF situation.

I closed my long at breakeven for now. Waiting for 1 last leg down and some confirmation on LTF before re-entering in Long.

snapshot
Comment:
Another LTF bullish scenario is this one which is shown below consisting of Leading Diagonals.

snapshot

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