Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 1 hour, we see 5 waves up and wave 5 is clearly ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with...
After the Fed came up with the interest rates pause look at the chart of Dow Jones on weekly TF. It is forming a Bullish Inverted Head & Shoulders Pattern. Look a new ATH
Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 1 hour, we see 5 waves up and wave 5 is clearly ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with...
Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 1 hour, we see 5 waves up and wave 5 is clearly ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with...
Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 1 hour, we see 5 waves up and wave 5 is clearly ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with...
The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, minimum requirements for a Wave 2 to the downside were not fullfilled. As long as we do not take out the Wave 1 high, it could be that we still make a new low as a Wave 2.
after the accumulation of the price in the zone that I marked there will be either a continuation of the up trend towards the supply zone or a reversal of the price towards the demand zone
Big Move incoming for Dow Jones Industrial Average. AMEX:DJIA has created Triangle's Apex approaching the end . Note that this is a Neutral Pattern, it can go each ways ; Bearish and Bullish. (depending on TVC:DXY , Geo-Politics & Macro Economics conditions) For now, it's better to observe and stay sharp and await for further confirmations. Nothing is clear...
* Here we can see clearly the next potential move for US30 on coming hours or day. * We can see it's forming Inverse Head & Shoulder Reversal Pattern. * EP(BUY): 32956.63. * TP: 33123.62. * TP2: 33191.17. * Keep your eye close on your trading positions. * Happy pip hunting traders. * FX KILLA *
After rejection of the price at the level of the fibonnaci gold zone and trend line we will see a continuation of the up trend towards the demand zone
My expectation is that the Dow Jones will break through the rejection point and decline trend line from October 2021. Once it does, there should be some bearish momentum, which will lead to a pullback to the rejection point and decline trend line, resulting in a move lower. At this point, gold should become very attractive, and it will be an opportune time to look...
if the CPI Data is Positive meaning over 5% US dollar will rocket if it is under 4.8% Dow Jones will sink.
Good morning all! I'll be breef as I the count kind of speaks for itself. It looks like we are ready to resume higher into wave 3 as we are looking at what appears to be a clear three wave move into wave 2. It looks like TECH will be giving a break and VALUE will come back strong into sector rotation. CHECK OUT my previous post on the NASDAQ which played out...
Bearish momentum after Fake Breakout, now there is strong level which can force price move upward.
It seems that Dow Jones Index is forming a Descending Broadening Wedge Pattern on the daily time frame so that it has managed to create bottoms and tops according to the pattern. I expect a third bottom to form in one of the 🟡PRZ(Price Reversal Zones)🟡 . Dow Jones Industrial Average Index Analyze (DJIUSD), Daily time frame⏰. Do not forget to put Stop loss...
The fall of the Dow Jones index / Are you ready to sell? It is easy to see that the Dow Jones index is going to fall, and the targets that I specified for you will first reach 31486.38, then it will have a corrective trend up to 32550.68. The next target that the index will see will be 28781.97 and that is where you can decide to go long.
This is a 15-Minutes Timeframe, in my perspective, Dow Jones currently forming a Barrier Triangle. Elliott Wave is high subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers
US30 is in line with the strengthening dollar index, still looks bullish according to my analysis. the price had touched the SnD area and was approaching the invalid area and now in my opinion the possibility is heading to sub wave 3.