Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
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...
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...
DJI CMP 33876 This is Quarterly chart of DJI, There is Wave counts right from the Great Depression low looking at the charts , one can see that we are in wave 5 (blue) the internal counts (grey) shows subwave whenever this superwave gets completed.... one can expect markets to correct for next few yrs... Just a View!! Vedang :) Chart is for study purpose only!!!
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.
As marked, it has 4 candles after closing above the resistance and is on a very bullish breakout. Thing is, the indexes just moved into a resistance zone. And there is a potential confluent resistance point just above. Overall, bullish until meeting resistance, then we should have a pull back of some sort...
Ascending Triangle has been forming since Oct 2022. There are higher lows and same highs. Once we get a breakout above, it'll be smooth sailing up. Price>200 RSI>50 Target 1 is to 39,699 Then world markets will follow including JSE ALSI 40.
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 *
Hello Traders👋🏻 The Dow Jones Price Reached a Strong Resistance Level ✔️ Currently, US30 formed a Rising Wedge ✔️ The Price Failed To Create New Higher High 📈 The Support Line of the wedge is Broken 🔥 If Price Stays Under The Key Zone, US30 Can Continue The Bearish Move 📉 ----- TARGET 1: 32790🎯 TARGET 2: 32090🎯 ___________ if you agreed with this IDEA, please...
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...
dear traders dow jones has moved from weekly chart to the opposite way so as you can see in the chart you should look for buy and sell from the key level wait always for price action and good luck
Hello, according to the Dow Jones Index analysis. There is a high probability of going up. After breaking the descending channel. A very positive green candle. on the clock frame. The price is trying to break the strong resistance at 33450. Good luck to everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be...
US30 is seen forming a bullish channel on the big wave. the current possibility is the session end of a downside correction, as long as the invalid area is not violated, focus on the opportunities to buy
33750 level to watch. Expect reversed at 33500-33600 level. Disclaimer ON. Trade safe guys!
Dow Jones is trading in the very small range let's see where the trend follows.