Pair : DJI - Dow Jones Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement. Completed " 12345 " Impulsive Waves and " AB " Corrective Waves. RSI - Divergence. Break of Structure.
So far the overall movement of US30 is bearish. Price might be heading to the HTF LH, meaning that the current bullish trend is because price is reaching for the HTF LH and until it breaks it then the overall bearish trend will be broken. I'm trading the bull run on the LTFs. Predicted movements: wave 1, 2 and 3
… or what was that saying again? Anyway, after a short hiatus, the bears in our United Health-chart should regain their health and get back to work. They should soon push the share below the support at $456.73 and from there into the dark green zone between $427.67 and $391.43, where wave A in dark green should end. This low should then be followed by a...
As a hard worker, Home Depot has just recently nailed down wave X in green, hitting our green target zone between $282.54 and $260.03. From this low, the share has already started the anticipated ascent and thus should soon reach the resistance line at $347.25. Next, Home Depot should saw through this mark and climb into the gray zone between $360.98 and $402.97...
Honeywell should push its fingers deep into the green honeypot between $194.17 and $178.41, breaking through the support at $196. There, the share should gain new strength by finishing wave 2 in green and turn upwards again. First, it should climb back above $196 and then take off from this mark, aiming for the resistance at $222.56. Once above this level, the...
The price break of the trend, and according to my analysis, the price can be corrected. Caution observe the money management and the stop loss, to know about them, follow me and comments and wait for the update.
DOW JONES INDUSTRAIL AVERAGE ( DJI ) Time Frame - H1 We have ELLIOT IMPULSIVE WAVE ( Bearish ) in Long Time Frame #LTF Completed " 123 " Wave and Forming " 4th " Impulsive wave will Reject from Fibonacci Level ( 50% - 61.80% ) BULLISH CHANNEL Pattern in Short Time Frame #STF need Rejection from the Upper Trend Line #UTL ELLIOT TRIPLE WAVE COMBO in Short Time...
Here is my view for US30 on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for US30 on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Entry: $46.60 SL: $43.70 (loss 6.24 %) (visual only, close if daily closing price below) TP1: $55 (profit 17.8 %, ratio 2.9) TP2: $65 (profit 39.5 %, ratio 6.3) Hello Traders and Investors, in my opinion, this setup offers a very good trading opportunity as well as a good investment opportunity. The price is at a strong buy zone. The price has already...
Here is my view for US30 on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
On his way downward, Mr. Jones has already dived into the white area between 35690 and 34805 points a few times and he still could go in there again to finish wave (2) in white. There, at the latest, we expect the index to rise again. If it breaks through the resistance at 36832 points on its way, higher goals will become more and more likely. There is also a 40%...
Hello. With the failure of the set level, the price decreases to the previous floor
After the good growth it has experienced, we expect to have a short-term correction to the specified level and then move on to its new Targets ...
New highs for a few more years and then a big crash coming.. The chart speaks for itself.. (Eliott wave) This is not an investment advice.
Democrats and Republicans remain at an impasse over new fiscal aid. That will help US30 to rise in the short term. But poles shows that Biden is ahead of trump. If Biden will stock market may drop again. During Covid-19 and Trump administration us30 raised a lot. and trump is stock market-friendly. In the case of trump losses, us30 may suffer a lot. US30 Sell...
Day 3 of holding a big boy short on the dow and everything is going as planned. Ema dots, custom rsi, custom candles all red shifting trend. If this is wave 5 I think we should be in for a good size selloff. This is a daily chart. Would love to see this close red. How are your trades going?
Well here is another opinion that can tell the story of the DOWJONES STOCK, in the weekly analysis we can tell that there is a high probability that the market will go down to test the green trend values, Please share with me your thoughts, Kind regards.