Technician
Short

Dow Industrial: Potential Short-term Scenario #forex #stocks

FX:US30   Index of top 30 shares on Wall Street
3443 10 61
I believe we could rally a bit further towards my full upside target for my previously published long trade
If we reach there, I am looking for new bearish pressures. As the price will be retesting a key resistance and 1.618 extension for the latest pullback. The scenario is outlined on chart.

Show your support by liking my posts, and following me. Thank you.
Best Regards,
Technician
If you dont want to miss any trade and see all the trades live, fully transparent. Join my FREE channel here https://telegram.me/technician_forex_trades
Neel_K PRO
10 months ago
Thank you for sharing this view. I was looking for a some similar move on upside on DAX on daily time frame, But couldn't see a clear retracement zone. This chart of yours can help me keep eye on the context.
A Possibility on Daily - Dax/GER30
Reply
Technician TOP Neel_K
10 months ago
Glad i am helping. Good luck mate.
Reply
Hamit PRO
10 months ago
Thank you Technician. Looking forward to shorting the market soon :)
Reply
tst
10 months ago
coming of a double bottom it could push higher. Will wait and see what happens at 61.8 fib.
snapshot
Reply
2use
10 months ago
Moment of truth
Reply
gordan21
10 months ago
What
do you think is next? It seems to be just moving sideways?
Reply
Technician TOP gordan21
10 months ago
Yeah. I am still looking for a move lower. But if we break higher, i would adjust accordingly.
Reply
depottime
10 months ago
Looks like the breakdown has begun
Reply
depottime
10 months ago
Looks like the breakdown has begun
Reply
tst
10 months ago
Double bottom nearing completion may get the reversal next week.
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out