DOW on the daily chart after the recent retracement at the 0.382 over the support area started a new strong bullish impulse. The price is now trading below a resistance structure at the all-time highs. According to Plancron's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure ->...
US30 continues its bullish trajectory making higher highs on the daily and has an overall bullish structure on the monthly, weekly and daily chart. However, for good entry, wait for the retest of the daily support. If support doesn't hold then we might see a deeper plunge to the downside. Major bias is LONG!! TA is clear from the chart/analysis.
US30 has reached support, and has doubled bottomed. Good. Bullish rejection on the 4H. Good. Now, all we need is bullish price action to confirm a valid entry for long.
Dow heading to 37000+ in coming weeks.......... keep on radar Weakness only below 33000 three continuous daily close..........
5th wave has still some room to go up as usually it's as long as 1st wave. Fib Extn for this wave from bottom of 1st wave to top of 3rd and extending it to 4th (bottom): -------------------------- - We are now at 0.236 Fib Extension $34,550, 0.382 is around ~$35,090, 0.5 is at ~$35,500, 0.618 around $35,958 Good Luck!
Dow Jones continues to show strength, it's a slow mover as volatility is low for value stocks. - 3rd wave's peak may or may not have reached yet, but either way still has a 5th wave to complete before correction. - Green parallel zone represents bullish impulse still in place, upper line acts as resistance and below line also represents trend line of support. Enjoy!
US30 Just broke out of a range and expect it to bounce off at the retest of the upper trendline. My target is market by the green bound. Let me know your thoughts?
The exchange rate is on a post-rise holiday, and it's a Fallin wedge pattern, so I think it's likely to continue to rise.
Hello Traders, Welcome back to dow jones industrial chart. overall market sentiment is bullish should look for a long entry on a pullback, the target should be 36000 or above, we have also pointed out the possible reversal zone of the market, which is near the upper daily trendline marked with triangles. please read the chart carefully, before you implement the...
I am anticipating a break of the resistance that has been holding on US30 for the past week or so (at around the 32800.00 level) to the upside. If broken I expect price to continue it's bullish run to revisit the resistance area at the 33200.00 level.
AriasWave has turned bullish bullish bullish on the Dow Jones. Thanks to Crypto markets and some in depth research I have some good reasons to create this Wave Revision. But this is only the beginning... If you are currently long based on my previous long idea my advice is to stay long as we are only just getting warmed up. I apologize for the delay in getting...
In this video I present the latest interpretation of the DOW JONES according to AriasWave. This video is accompanied by a long trade idea linked down below. The FED continues to kick the can down the road therefore this market is still bullish. This move continues to subdivide into a complex Type-2 Expanded Zig-Zag. Please remember: I am not a financial...
This long trade idea is based on the latest interpretation of the DOW JONES. Please see the related video idea linked below. Entry: At Market. Stop: 30,773 Target: 36,500 Risk\Reward Ratio: 7 The FED continues to kick the can down the road therefore this market is still bullish. This move continues to subdivide into a complex Type-2 Expanded Zig-Zag. Please...
A new low was made since the last video which has altered the count slightly. A change has been made to where Wave 1 ended and how the correction appears to have played out. The stop has grown a bit longer but if you want to go long it's not always an easy task if you want to have a short stop. The entry has already been triggered. Entry: 31,735 Stop:...
In this video I explain what is going on in AriasWave terms for the Wave (C) in progress. I also take the liberty of explaining why I call this move a Type-2 expanded Zig-Zag. Fractal patterns are amazing but I am also starting to cross reference some macro views as shown in the video linked below. Please do take the time to review these videos in order to...
If this count is correct then a long position would be placed here. Entry: At Market Stop: 31,236 Target: 37,000 Risk\Reward Ratio: 17 See related ideas below. Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
In this Wave Revision I revert back to the previous interpretation where Wave D ends around this area. That being the case this sets the stage for another leg up to complete the move since March 2020. Even though breaking these highs has signaled a buy signal, waiting for a correction to form would be the best course of action. See related ideas below to...
CURRENCYCOM:US30 S/L 30023 - T/P1 30801 - T/P2 31320 - T/P3 32011