Dow Jones (DJI) | Small correction♻️
Hello traders, DJI in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count, the main waves 1, 2 and 3 of this process have ended and now we are inside wave 4.
Wave 2 is the main correction shallow and short, so wave 4 is deep and long in terms of price or time.
Given the structure that has been formed so far, it is more likely to be time-consuming.
Its current structure is similar to a flat, a flat that has no relation and is formed without any rules
And we still assume that this correction has either continued in the form of a triangle or in a complex way, and now we have to wait for the ascent for the d or x wave.
If Fibo 0.23 is broken, price correction should be considered for the trend.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
According to the count, the main waves 1, 2 and 3 of this process have ended and now we are inside wave 4.
Wave 2 is the main correction shallow and short, so wave 4 is deep and long in terms of price or time.
Given the structure that has been formed so far, it is more likely to be time-consuming.
Its current structure is similar to a flat, a flat that has no relation and is formed without any rules
And we still assume that this correction has either continued in the form of a triangle or in a complex way, and now we have to wait for the ascent for the d or x wave.
If Fibo 0.23 is broken, price correction should be considered for the trend.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
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