DJI How To move next??Community discussions
DJI How To move next??
US30 A fellow trader complained that I don't understand that crypto is crashing, so the Dow will too.I beg to differ. After charting Bitcoin's Daily and 4-Hour timeframes, I see for both an Oversold condition with a coming bullish pullback. A giant W-shaped pattern is forming for Bitcoin's Hourly.
If this is what's to follow for the Dow, then a bullish pullback is also coming.
For my analysis of Bitcoin's Hourly and Daily, click on the link below. The notes are on the Bitcoin chart:
tradingview.com/x/Btwravtz/
US30 it will crash here it will crash there. watch the market open up like a rollercoaster going up on Sunday. I’m out enough ping pong for the day 😂
US30 it will crash on the weekend with gap down till 44700, at monthly low, btc will go to 74-71k, this will crash, dont look for buys in november, look in december when fed transit from QT to QEUS30 Last Call for This Session:On the Hourly, we've got an Inside Day. That means a market pause with no true direction.
My prediction:
The candles will consolidate within this Inside Day pattern until a breakout from either it's high at 46,566 or low of 46,178 (shown as two orange lines).
In the process of consolidating, they can form a new S&R Zone for the bulls to rise from later on for a resumption of the bullish trend. We'll see if that's how it plays out.
*Side Note:
The longer the hours of consolidation, whether tight and/or wide consolidation, the more pent up energies get built up for a BIG breakout move.
US30 if we are going down i think this is the area . Anything can happenUS30 Come on Baby, Get Your Butt Up There:On the 4-Hour, the bulls are rising with a breakout from the high of the Inside Day at 46,362. They are even closer to the Bearish Trendline (in red dotted line). They just need another bullish candle to push up, cross that trendline and go to it's right, then home FREE to be in Bullish Market Bias.
*Take Profit to the Upside:
46,854 - Swing High
US30 so till yesterday i told about the pullback would happen there at ob, also epxlanation i gave about entry, signal too 1:5, enjoy fam, happy weekend, big love from TFTX, 46100 close 70 % because it is 50 % of 1hr range candle, and can pullback there, and there we have tp3 , and also 360 pip sell, ejoy
US30 tp1 done : 1:3 RR
US30 I'll be in as soon as it breaks the previous 1 hour low... good luck!