In the 1 hour, it looks like the DOW finished an impulse to the upside. We are expecting more downside to finish a corrective move. We go long after a clear ABC pullback.
Investors should wait for the pullback to buy again. Now we are rather in the area to take profit. Traders should analyze the lower timeframe for opportunities.
In the 1 hour, it looks like the DOW finished an impulse to the upside. We are expecting more downside to finish a corrective move.
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. A short trade can be initiated but be careful because you are trading against the main direction.
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of DowJones 💪 With the recent retest of a previous monthly resistance level, now turned support, and in confluence with a retest of the 0.382 fibonacci level the Dow Jones started a new bullrun which will certainly continue...
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. A short trade can be initiated but be careful because you are trading against the main direction.
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. However, we cannot exclude another push as a wave ((iii)). Therefore, it might be a risky short trade.
The EW count shows an ending upward structure. However, depending on what we get next week, alternative EW counts are possible. Investors should wait for the pullback to buy again. Now we are rather in area to take profit. Traders should analyze the lower timeframe.
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction).
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave ((ii)) pullback and go long from there.
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave ((ii)) pullback and go long from there.
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave ((ii)) pullback and go long from there.
We updated the EW count for the DOW to align it better with the other indices. The updated count now shows an ending upward structure. Investors should wait for the pullback to buy again. Now we are rather in area to take profit. Traders should analyze the lower timeframe. Next week there might be both long and short opportunities.
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave (ii) pullback and go long from there.
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave (ii) pullback and go long from there.
The ABC pullback did not retrace deep enough to catch it. We have to wait for more data and see what's up next.
The ABC pullback we were waiting for is (almost) there. Traders can initiate or prepare a long entry.
The ABC pullback we were waiting for is almost there. Traders can prepare for a long entry.