Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
US30USD I am waiting for the sell on DJI
US Wall St 30
Short
US30USD I am waiting for the sell on DJI
By jojofang0901
Follow
Follow
Updated
Jul 24, 2020
1
3
Cheer
Cheer
Jul 23, 2020
Hi everyone:
Looking at DJI for short term bearish opportunities.
We see this overall larger structure on the higher time frame had a sell impulse down, followed by a correctional structure.
Recent price action has a ascending channel within the larger structure, and we see price getting to the top now.
It provides extra confluences on the sell when we get to a key area with corrective nature movement.
I would be looking to see how price action will develop in that general area, and see if we get sell momentum to come in.
Alternatively, price can still trickle up to the recent tops to form double tops and drop down as well.
Thank you
Jul 24, 2020
Comment
Double Top or Bottom
Flag
priceaction
structures
Wedge
jojofang0901
Follow
Follow
Related publications
SPX500 Look for this short sell
by jojofang0901
Published
NAS100 Look for continuation sell
by jojofang0901
Published
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.