Pair Name : US30 - Daw Jones Time Frame : 4 Hour's Analysis Type : Swing Trade -------------------------------------- ➡️ Main Support Level : 29650 ➡️ Main Resistance Level : 33000 ➡️ Time To Entry : Long From 31250 ➡️ Target : 33000 ➡️ Stop Lose : On Chart
DJ30 has broken its support. Bearish fundamentals with recent news from US. Will close half position's profit @ 1:1 when there is historical support. Will take chances and will continue the trade for possible 1:2
Continuation of my previous trade. Where DJ is trending downwards congesting the support area. Why I entered a short position? Because of the breakout of previous support. Fundamentals are gearing towards bearish due to fear in the Dollar market. Tranche Targets @ 1:1, 1:2 and 1:3.
As shown in the chat, the 20ma has now crossed the 50ma, which only happened once before for the DJ30 which was at the start of the March 2020 stock market crash.
The DJ30 (Dow Jones Industrial Average) Now has a Confirmed "SHORT" Signal on Hash Ribbons 2 Day Chart. As shown in the chart, the last time this happened was in February 2020 when the markets crashed spectacularly. In previous charts I have spoken about the 1929 prop to the great recession and place the bars pattern as an overlay on my chart analysis. You can...
Please note, my analysis is based off previous history and past events. The red bars pattern is a copy fractal of the 1929 crash. Here is a representation of what a similar crash would look like for Dow Jones Industrial Average. I am personally in a large short position.
DOW JONES ANALYSE The Dow Jones Industrial Average (DJIA), also known as the Dow 30, is a stock market index that tracks 30 large, publicly-owned blue-chip companies trading on the New York Stock Exchange (NYSE) and the NASDAQ. The Dow Jones is named after Charles Dow, who created the index in 1896 along with his business partner Edward Jones.1
us30 short, retest before we fly up. unless we break above this current resistance, then I will look for a retest back down to the current level for entry