Our last idea mentioned violent swings can shatter an over leveraged trader and bulls and bears get whipsawed into covering...shorts covered big time since yesterday.
What appeared a wave five down to bottom had already finished on the 1st Dec and a wave two up since has rocketed the markets to reclaim almost 2000 points on the Dow!
We now sit at an important...
Dow had spectacular rally yesterday and today before the bell pulling all the boats in the Global financial markets. Notable absence is yields still higher, dollar still stronger. The graph suggests all the up move have lesser volume and down move have more volume. While below 35800 on close basis the chances are we are chugging along to make and form the right...
Wave 3 has probably ended at 35842 zone. Wave 4 is supposed to materialise towards the support zone at 34828.
After that wave 5 is supposed to materialise towards the resistance zone at 36234.
US30 Setup, the 36000 has the potential to reject the price towards 34557 for a bias of 32835
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to...
US30 is about to face a strong H4 resistance around 35700.
Also there is Daily gap forming which should be filled.
Current Market price - 35600
Selling now with SL as 35850 with TP as 35100
It has to test the support below at 35000.
Please comment if you agree with my analysis. Also please comment if you have any other analysis.
Ignore the whites follow reds atm. This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck. Currently selling till 4 red. Would b buying from there at 4 in red till 5 red then towards 2 white and so on.
US30 Potential Shark forming
After catching a huge move yesterday I'm looking to now complete this shark pattern first the .886, then the 1.13.
Right now I'm looking to scalp a pullback before entering long again, I'm waiting for a trap move up before shorting down towards the Daily Break of structure/Imbalance level.
Let me know your thoughts?