The reason I laugh at what has happened is because we were wrong yet we were in line with the market. We were too early,🥱🥱🥱 So had we waited just a little bit, we would have been in the and out very quickly😂😂😂😂😂😂😂😂. To another day🥂🥂🥂, we sharpen our skills yet again with this lesson.
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
We are probably in an accumulation. That's my vision, I have another idea in which the "SPRING" could be done during the NY open for the long continuation. Let's see
US30
Analyze
If the United States defaults on its debt, the stock market could crash by 45%.
Dow jones price show some bullish tendency to move towards resistance zone 33500 - 33646 waiting for breach and stabilized above 33646
reminding you that stabilized above 33330 it will support the price to reach 33500 and 33646
stabilized above 33646 it will forcing...
US30
stabilizing price above 33330 will support raising to touch 33630 and to be bullish trend should break 33750
reversing and stabilizing under 33330 will be bearish to touch 33120
pivot price: 33400
resistance price: 33630 & 33740 & 33970
support price: 33230 & 33120 & 32945
The movement range is between 33330 and 33500
Tendency: uptrend
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
Price overally remains in a bearish environment despite making a rally up at the end of last week. Price failed to maintain above weekly support and ended the week below which turned it into resistance. Price may likely retest this level and continue falling.
Price reached a strong resistance level, fundamentally we will be looking closely at the US debt crisis results.
I will be placing my short entries around 33700-34400 level.
I see a possible long on the US30 15min chart
An Ascending channel has formed with a possible rise from 33390 till 33800 which is a 1% rise and more then 400 points (pips)
Great opportunity to see some profits once the newyork session opens
The previous idea for US30 still holds. I will still be looking for buys to the upper supply area for temporary or major sells.I will be looking for minor breaks of structure then a retest of the current demand zone to continue higher. I would prefer to get this entry at my trading session (New York), but if price moves up without me, I will look to take sell...
