In the higher timeframe, investors should wait for the pullback to buy again.
Hello traders so after doing a brief analysis of dj30 i found that we might be seeing a bullish move soon here is why : last week : i predicted that the price will go down to the 34200 support level and that is what happened as predicted a bearish move where the price reached the 34200 support. but the 34200 support level is actually a neckline of a inverted...
Bear in mind that the most obvious is the clearest (pun not intended). The combined weekly charts stalled and reversed to breakdown hard and fast. Technical point to more downside, after a relief bounce due soon. This September already starts to look really bad for the equity markets. The daily support will be tested, and expected to eventually break. Then the...
The short trade was successful. Now we reached the wave (c) and wave ((y)) areas. From here we can initiate a long trade.
MACRO MONDAY Dow Transportation Average Index DJ:DJT The Dow Jones Transportation Average (DJT) is a price-weighted average of 20 key transportation stocks traded in the United States. The transportation sector acts as a leading indicator as it is further up the value chain ahead of the final products being sold by companies in Dow Jones Industrial Average...
Dow jones at Support area we can buy in here and stop loss bellow the zone or 100 pip an first target of the position first resistance and secon resistance whene price break first resistance you can close half of your position and move your stop loss bellow the resistance near 60 pip
Dear colleagues, I anticipate that the price will continue to decline towards the support area at 34628. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dow Jones is having the strongest pull-back since late May, so far still within the technical boundaries of the 5 month Channel Up. In doing so, it is only a few points before hitting the 1D MA50 (blue trend-line), which has been intact since the July 10 Low. Despite that contact, the index hasn't closed a 1D candle below the 1D MA50 since June 01, which was at...
We have already spotted earlier a bearish reversal on US30. After some consolidation, the market leaves one more bearish clue: the price formed a big double top pattern formation on a daily. Its neckline was broken this week. The index may keep falling to 34600 support. ❤️Please, support my work with like, thank you!❤️
The short trade was successful. Now we reached the wave (c) and wave ((y)) areas. From here we can initiate a long trade.
Hi, according to my Dow Jones analysis. The market is still positive. The indicator has exited the downward channel. Also, there is an uptrend. The market is now sideways. There is a high probability of a rally to the 3700 level. Good luck everyone
The short trade was successful. Now we are reaching the wave (c) and wave ((y)) areas. From here we can initiate a long trade.
Hi Traders👋🏻 The Dow Jones Price Reached A Strong Weekly Resistance Level (35877-35657) Currently, The Price Formed a Double Top Pattern📉 The Neckline is Broken🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 34980🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
If the double correction plays out, it is a nice buying opportunity. We believe a long trade can be initiated from the wave (c) and wave ((y)) area.
S&P500 Index is currently testing a key daily structure support. To buy the market with a confirmation, watch a double bottom pattern on 4H time frame. 4487 level is the upper boundary of its neckline. If the price breaks and closes above that on a 4H, it will be a strong bullish signal. A bullish movement will be expected 4517 level then. Alternatively, if...
I just jumped in here, DOW futures. Another bullish flag ready to break out to test the 3600 zone. You can buy calls too but would to wait until session opens. Look how the price is pushing the flag resistance, I think is going to break at any moment.
If the double correction plays out, it is a nice buying opportunity. We believe a long trade can be initiated from the wave ((y)) area.
Hey Traders, in the coming week we are monitoring US30 for a buying opportunity around 34600 zone, US30 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 34600 support and resistance zone. Trade safe, Joe.