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Djiaanalysis

Dow Jones Industrial Bearish Bat?Looking at this one day chart it looks to me like DJI is forming a Bearish Bat Harmonic. For me, there is a tight PRZ with a .886 D point of a Bearish Bat Harmonic, a 2.618 ABCD completion and a 2.0 AB ext. I will be looking for a reversal here, around $37,400. My whiskers are telling me that we could trend up until Friday and maybe see a dump by Monday. The Alternate Bat would be in play if we push up above this level, so we would not be out of the woods. What do you think is up next? Owhooooo!
TVC:DJI
by Akamer-the-Werewolf
DJIA long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
ULong
by GWBFX
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