Dear Traders, Hello again, here we a brand new analyse on Dow that can possibly provide to good opportunity to go long, cuz the price it's doing right now it's correction and I believe this retracement it's about to test the Double Harmonics Patterns and also the Support Zone. These three, Double Harmonics and Support Zone are a Strong zone of test and probably impulse the price to the upside creating an Inner Up Trend, that's what I believe it's going to happen possible in the next few hours ahead! Rules: 1. Harmonic Patterns Completion - 95% Complete and Waiting; 2. 0.618 Retracement Level Test - Waiting; 3. Resistance Zone Test - Waiting 4. PRZ Hit - Waiting; 5. PRZ Test -Waiting; 6. Terminal Bar - Waiting; 7. Type-1 Reaction - Waiting; 8. Type-2 Reversal - Waiting; 9. Candlestick Reversal Sign - Waiting; 10. Candlestick Confirmation Sign -Waiting; 11. RSI Reversal Sign - Waiting; 12. RSI Confirmation Sign -Waiting; 13. Risk Management - Applied; 14. Risk / Reward - 1/3.
" I lift up my eyes to the mountains where does my help come from? My help comes from the Lord, the maker of heaven and earth" Psalms 121:1-2!
Comment
⋅
Harmonic Patterns Completed, and PRZ it was tested successfully, now let's wait for a confirmation so we can get long soon!
Hi! I dont really understand the chart.. so you mean long from 34k? Or from current price to what price? Thanks
JonyFxHunter
⋅
@liisa2727, hello Lisa I mean if the price reaches the area between 34107 and 33455,
I will expected a clear sign and then a confirmation to go long, for that's what chart analysis means.
Thanks!