DOW JONES may need to hit the 4H MA200 to go higherPattern: Channel Up on 1D.
Signal: Buy if the price hits the 4H MA200 (orange trend-line) as it is the most optimal buy signal in the past 2 months.
Target: 36400 (the 2.0 Fibonacci extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> nevada999
--------------------------------------------------------------------------------------------------------
Dowsignals
DOW JONES can rally on this Inverse Head & ShouldersPattern: Channel Up on 1D.
Signal: Buy as the price is about to complete an Inverse Head and Shoulders within the Channel, similar to January/ February.
Target: 36450 (the 2.0 Fibonacci extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> RyodaBrainless
--------------------------------------------------------------------------------------------------------
DOW JONES Buy SignalPattern: Channel Up on 1D.
Signal: Buy as the price hit the 1D MA50 (blue trend-line) and the zone within the 1D MA50 and the 4H MA400 (yellow trend-line) has been a buy opportunity within the Channel Up. Also the previous -5% pull-backs have been buy opportunities, both of which made a bottom within that zone. In addition, the RSI bounced on its Support Zone.
Target: 35800 (every such pull-back has rallied +8% to the 1.5 Fibonacci extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala
--------------------------------------------------------------------------------------------------------
DOW JONES Buy SignalPattern: Channel Up X 2 on 4H.
Signal: Buy as the price hit the Higher Lows trend-line of the orange Channel Up. The Higher Lows trend-line of the blue Channel Up is exactly on the 4H MA200 (orange trend-line).
Target: 31500 (the 1.382 Fibonacci extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> gunhesss
--------------------------------------------------------------------------------------------------------
DOW JONES Buy SignalPattern: Channel Up on 4H.
Signal: Buy after the MACD makes a bearish cross and drops below 0. Potential low when the RSI approaches its Lows Lows trend-line.
Target: Calculate it to be near the 1.236 Fibonacci extension. Modest estimate 30600.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
--------------------------------------------------------------------------------------------------------
DOW JONES targeting 28650Dow rebounded 3 days ago on the 1D MA200 (orange trend-line). Since late July, this trend-line has been holding firmly as Support and every contact (with a candle week, no candle closing has been done below it), has resulted in a strong rise.
Since the pattern is a Channel Down currently (since the September 03 High) is is natural to target the Lower High trend-line. As seen on the chart, the previous Lower High was made on the 0.9 Fibonacci retracement level, which is currently at 28650.
Bonus: see how every MA200 bottom gave 4 days to the MACD to make a Bullish Cross on the last two occasions. That means that by Thursday the 1D MACD will make a Bullish Cross.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> didogetsov
--------------------------------------------------------------------------------------------------------
DOW JONES Recurring bullish pattern on the 1W time-frame?The Channel Up since June has fairly the same basic structure (even though more aggressive) than the one from March to September 2019, which led to the pre-COVID All Time High.
That pattern ended with a Lower High than created a Triangle, which eventually broke to the upside to the ATH. Dow Jones made that Lower High last week. See also how the RSI consolidated during both Channels.
The index has already defended the 1W MA50 (blue trend-line) with a perfect bounce last month. Is this Triangle ready to break to new Highs next month? Feel free to share your work and let me know in the comments section!
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
--------------------------------------------------------------------------------------------------------
DOW JONES broke above the 1D MA50. Buy Signal.Pattern: Channel Up on 1D.
Signal: Buy as the price broke above the 1D MA50, crossing it as a Resistance for the first time since April 27. Also the MACD formed a Bullish Cross. The past 3 occurrences initiated a rally.
Target: 29200 (the Resistance).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> gergiabboud
--------------------------------------------------------------------------------------------------------
DOW JONES 1D-TIMEFRAME ANALYSISDOW JONES 1D-TIMEFRAME ANALYSIS
Good evening ladies and gentlemen
This is my new idea for DOW
DOW price will test 25800 daily support
My idea shows the possibility of breaking this support
But be relaxed
Real support is between 24500 and 24800 It would be good to test it
From there we will start the bull market
I hope my idea is clear
Support me by like and share
Good luck
DOW JONES Buy SignalPattern: Channel Up on 4H.
Signal: Buy as the price broke above the Lower Highs trend-line and the 4H MA50.
Target: 28600 (just below the September 04 Resistance).
Medium term buy signal on Dow on the 1D chart:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
dowjonesHello traders, here is the analysis from our team :
sell:27517
TP@; 27507
TARGET: 27467
stop: 27567
we take money management from
27507 as profit area on up.
Let us know in the comment section below if you have any questions.😉
DOW JONES Sell SignalPattern: Bullish Megaphone on 4H.
Signal: Bearish as the price was rejected on the Megaphone's Higher High trend-line and broke through the (dashed) inner Higher High line.
Target: 24250 (roughly a -6% decline like the previous Higher High rejections, as well as contact with the 4H MA200).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Previous DOW JONES trade: