Buy Green Sell Red // it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, // it works good for stocks and cryptocurrency. // you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. // when a green dot...
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, it works good for stocks and cryptocurrency. you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. when a green dot appears you buy, if a green dot appears...
Interesting idea if prices would break the 50 ma that has been a strong support recently, the 200 ma is roughly 5000 $ below ! We can see 2 bearish divergences on the RSI and MACD , stop loss is pretty cheap . Be careful of 50 MA, To follow !
Dow30 immediate trend is down. However, support is found at 24745. There are 3 resistance level which you can place your shorts. R1 : 25320 R2: 25783 R3: 25990 Take your trades with short term perspective in mind. Wait for bearish candle to show up at these resistance levels before taking the shorts. Visit my Patreon for more forex and trading educational articles.
DJI (DOW JONES) has made some retracement expecting a small reversal again before the bulls come back in SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
All I have to say is. R.I.P US economy. I don't care about the fundamentals only that the effects of the fundamentals are forecasted into price. Price tells mee all I need to know about the fundamentals and I don't even need to look at the news to tell you that we're in for a rough time. Look so very like Wyckoff distribution on the weekly. 6monthly chart looks...
The colored boxes represent Points of Interest and Vibration Levels, based on Waves measurements and Fibonacci calculations. • Red – Bearish Breach • Orange – Strategic Levels & Vibration Zone • Blue – Extension & Points of Interest
The Dow just made a smaller version of the pattern it was already in to complete the formation. I found it interesting, so here it is:
Simple trade for the week Entry on trend line break Invalidation level : 25815 Target 1 : 25600 Target 2 : 25500
Hey guys Your remember that megaphone pattern. Hell yea. 16.000 DOW and it crashes to 5000 area. It came to 16.000 people waited to crash 10.000. But it didnt. It Rallyed to 10.000 more. Yes This is crazy. Nearly same points. Waited to go down 10.000 but it go up same 10.000. Maybe ! This balooon came to an end. If this crashes to 16.000 level from...
During the Bull Market in Intermediate 3, Nasdaq was my favorite because of its Wave Count, hence the reason for the successful view on the NASDAQ100 – Bullish Minor 5 - Bulls Come-Back article. US Indices synchronized their individual Bearish legs once they reached the tops back on the 2nd of Jan. Same day, right before the sell-off began, I posted the CBOE...
Checking back my article from a week ago... I could not have been more correct in anticipating this move. Check it out HERE
Another trade I am not actually taking. Usually I just try to buy the dip as it's safer. It's obvious the manipulation in the index will continue as long as possible but the current situation doesn't look very good from technical perspective. We have a long developed bearish div, a rising wedge and a reversal spinning top candle on the 4h. Please share your...
Dow Jones monthly chart. We have an ascending curve (shown in blue) going through major turning points of this index. As the curve gets steeper the acceleration of this index to the upside increases. The index is now retesting the curve for the second time after trading below it from 2009. Very sharp gains as of late may be capped at 21000 which is also a cloned...
Dow Jones Industrial Average Back to 20000
Dow Johns Trading around 20750 where its high 20810 if its hold below 20850 we can see a correction toward 20400-20200. Where we can see Divergence in RSI also. Its giving more Strong sign for sell. Advice sell in range of 20750-20830 SL above 20900 TP1 20400- TP2 20200