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DJIA - Ascending Wedge + Wave 5 down
Dow Jones Industrial Average Index
Short
DJIA - Ascending Wedge + Wave 5 down
By momo_7
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Apr 19, 2020
3
Apr 19, 2020
(i) Ascending Wedge nearing the 3rd contact point on the upper edge
(ii) Elliot Wave 4C nearing the Fibonacci 76.4% retracement, which coincides with the bottom of Wave 1
(iii) Bearish MACDH divergence on the 4h charts
Chart Patterns
Trend Analysis
Wave Analysis
momo_7
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