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Skinwah
May 11, 2020 11:56 AM

Could the DOW JONES next move be in the region of 4800 pips? Short

Index of top 30 shares on Wall StreetFXCM

Description

MMHWRWJ - I might need some strong coffee. Woke up this morning and everything is looking bearish to the extent I ended up adding to my VIXL.

Trade active

Trade closed: stop reached

Comments
illuminating_trade
Chart is turning into bullish side from now on.
What is your thought? :)
UnknownUnicorn1300833
More likely than not, bearish harami cross (the only downside to this candlestick pattern is that the preceding green candle could ideally have been longer) on the daily around the falling 3 month moving average, bollingers tightening
Skinwah
@iminlovewithscarlett, wasn't looking that in-depth but seems from what you are saying the bias is more on the sell side. The VIXL dropped yesterday over 20% hooch.
illuminating_trade
Sophisticated analysis...
Mild...good job.

Here is my thought.

Cowboy is still calling a bull.

Check made. :-)

Cheers mate!
Skinwah
illuminating_trade
@Skinwah, It was good pip yesterday, but since I saw reversal pattern. I think bear is hungry...
Thanks. Your analysis is nice
Skinwah
@danta_master, nice job picking up them pips. Aim of the game is pips pips everyday. Safe
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