DJI Potential For Bearish ContinuationThe overall bias for DJI on the H4 chart is bearish. In addition, the price is below the Ichimoku cloud, indicating a bearish market. Look for an immediate sell entry at 30033.46, which is the 23.6% Fibonacci line. The stop loss will be set at 30840.50, which is the 382% Fibonacci line. The take profit point will be at 27215.49, which is the -27.2% Fibonacci expansion and 161.8% Fibonacci extension.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Jones
DJI Potential for Bullish Momentum | 14th October 2022On the H4 chart, the overall bias on DJI is on the bearish side with the price underneath the Ichimoku cloud, adding confluence to the bearish bias. However, the US CPI data release was better than expected so we can expect a short-term bullish momentum. Looking for a retracement buy entry at 29050.53 where the -61.8% Fibonacci expansion line and 23.6% Fibonacci line intersects. Stop loss will be at 28531.37, slightly below where the previous low is located. Take profit will be at 30851.83, where the 38.2% Fibonacci line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DJI Potential For Bearish ContinuationOn the H4 chart, the overall bias for DJI is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Overnight, price has continued to consolidate around the 29650 area where the previous swing low is located. Looking for a sell entry at 30033.46 where the 23.6% Fibonacci line is located. There is a market gap near the sell entry which adds confluence to the area. Stop loss will be placed at 30840.50 where the 382% Fibonacci line is located. Take profit will be at 27215.49 where the -27.2% Fibonacci expansion and 161.8% Fibonacci extension is located.
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DJI Potential for Bearish Momentum | 12th October 2022The current overall bias for DJI is bearish, according to the H4 chart. To add to this bias, the price is currently below the Ichimoku cloud, indicating a bearish market. To add to the confluence of this sell entry, there is a market gap at 29672.85 close to the sell entry that appears to be fillable. To avoid missing out on this probable trade, the entry is positioned at the bottom of the market gap. Look for a sell entry at 29672.85, which is the intersection of the 100% Fibonacci line and the preceding swing low. Stop loss will be set at 30454.46, which is just over the 23.6% Fibonacci line. The take Profit region has been refined to be located at 28394.45, where the 127.2% Fibonacci extension line and -27.2% Fibonacci expansion line intersects.
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DJI Potential For Bearish ContinuationThe general bias for DJI on the H4 chart is bearish . To add to this bias, the price is below the Ichimoku cloud , indicating a bearish market. Looking for a retracement sell entry at the market gap of 29672.85. To avoid missing out on trades, the sell entry is positioned at the very beginning of the market gap rather than at the top. Stop loss will be at 30454.46, which is just above the 88% Fibonacci line and the 23.6% Fibonacci line. The take profit point will be around 27215.49, which is the intersection of the -27.2% Fibonacci expansion line and the 161.8% Fibonacci extension line.
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DJI Potential for Bearish Momentum | 11th October 2022Looking at the H4 chart, the current overall bias for DJI is bearish. To add confluence to this bias, the price is currently under the Ichimoku cloud which indicates a bearish market. To add confluence to this sell entry, there is a market gap at 29672.85 near the sell entry that looks good to be filled. The entry is placed at the bottom of the market gap to prevent missing out on this potential trade. Looking for a sell entry at 29672.85, where the 100% Fibonacci line and previous swing low is located. Stop loss will be placed at 30454.46, slightly above where the 23.6% Fibonacci line is located. Take Profit will be placed at 28395.10, where the 127.2% Fibonacci extension line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DJI Potential For Bearish ContinuationThe general bias for DJI on the H4 chart is bearish. To add to this bias, the price is below the Ichimoku cloud, indicating a bearish market. Looking for a retracement sell entry at the market gap of 29672.85. To avoid missing out on trades, the sell entry is positioned at the very beginning of the market gap rather than at the top. Stop loss will be at 30454.46, which is just above the 88% Fibonacci line and the 23.6% Fibonacci line. The take profit point will be around 27215.49, which is the intersection of the -27.2% Fibonacci expansion line and the 161.8% Fibonacci extension line.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
DJI Potential for Bearish Momentum | 10th October 2022On the H4 chart, the DJI has a bearish bias. Look for a possible retracement sell entry at 29672.85, which is the location of the 100% Fibonacci line, prior swing bottom, and market gap. Enter at the very beginning of the market gap rather than at the top to prevent missing out on a trade. The stop loss will be set around 30454.46, which is just over the 23.6% Fibonacci line. The take profit level will be 28398.65, which corresponds to the 127.2% Fibonacci extension line.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DJI Potential For Bullish MomentumOn the 4-hour chart, the DJI has a bearish bias. However, before the bearish momentum continues, we are searching for a corrective buy entry to the upside. Looking for a buy entry at 29926.68, which is where the market gap lies. The stop loss will be at 28715.85, which is the previous low and the 0% Fibonacci line. Take profit will be at 31886.07, where two of the 61.8% Fibonacci lines intersect.
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DJI Potential for Bullish Momentum | 7th October 2022On the H4 chart, the general bias for DJI is bearish. Look for a possible retracement buy entry at 29826.67, which is the 38.2% Fibonacci line and market gap. To avoid missing out on a trade, enter at the very beginning of the market gap rather than at the bottom. The stop loss will be set at 28715.85, the previous low and the intersection of the 100% Fibonacci and 0% Fibonacci lines. The take profit point will be at 32026.06, which is where the 61.8% Fibonacci line and the 38.2% Fibonacci projection lines intersect.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DJI Potential For Bearish ContinuationDJI has a bearish bias on the H4 chart. In addition, the price is below the ichimoku cloud, indicating a bearish market. For the sell entry, price should retrace upwards to the 61.8% Fibonacci line at 32160.05. To add to the confluence of this sell area, there is a market gap that appears to be fillable there. The stop loss will be placed at 33364.70, just above the 78.6% Fibonacci retracement line. The take profit level will be 27848.20, which is where the 161.8% Fibonacci extension line and the -27.2% Fibonacci expansion line intersect.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
DJI Potential for Bearish Momentum | 6th October 2022The overall bias for DJI on the H4 chart is bearish. Looking for a potential sell entry at 32046.82, where the 38.2% Fibonacci projection line intersects with the 61.8% Fibonacci retracement line. The stop loss will be set at 33364.70, just above the 78.6% Fibonacci line. The take profit point will be at 27215.07, which is the location of the -27.2% Fibonacci expansion line.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DJI Potential For Bullish MomentumThe DJI is in a strong bearish trend on the H4 chart. Price, however, retraced back above the previous swing low of 29647.79. On DJI, there was significant upward bullish momentum overnight.
At 29647.79, where there is a market gap that appears promising to be filled, buyers are looking for a pullback.
The prior long's stop loss point is at 28744.12 in this case.
Expect price to reach 30854.86 for take profit, which is where the 38.2% and 78.6% Fibonacci lines are situated.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
DJI Potential for Bullish Momentum | 5th October 2022The price has retraced past the previous swing low of 29653.29 on the H4 chart.
Due to several Fibonacci lines intersecting around 31268, which provides confluence to that place for take profit, I predict price to tap there after the strong bullish advance from October 3rd 2022.
At the 29647.79 level, where there is a market gap that needs to be filled and where the 100% Fibonacci projection line is situated, there may be some opportunities for a buy entry.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
US30Move SL to BE. It took me time to get into the market this week, my day to day job took all of my energy so I wasn't in the correct frame of mind to open the markets.
DJI Potential For Bearish ContinuationPrice is in a very strong bearish trend on the H4 chart. Price should retrace back up to 30051.92, where the sell entry for a short will be. The fact that there is a market gap to be filled there coincides with the 23.6% Fibonacci line, which adds to this sell. At 31036.79, the stop loss will be slightly above the 38.2% fibonacci line. Take profit will be at 28436.22, which is the intersection of the 100% Fibonacci line and the 127.2% Fibonacci extension line.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
DJI Potential for Bearish Momentum | 4th Oct 2022The DJI price is in a bearish trend on the H4 chart. In addition, the price is below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 30065.17, where there is a market gap that appears to be about to be filled, adding confluence to that area. The stop loss will be set at 31026.89, just above the 38.2% Fibonacci line. Take profit will be at 28408.73, which is the intersection of the 100% Fibonacci projection line and the 127.2% Fibonacci extension line.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DJI Potential For Bullish MomentumDJI has a bearish bias on the H4 chart, with the price descending since August 16th, 2022. In addition, the price is below the Ichimoku cloud, indicating a bear market. Looking for a buy entry at 28454.12, which is the intersection of the 100% Fibonacci line and the 127.2% Fibonacci extension line. The stop loss will be set at 27580.97, which is the 145% Fibonacci extension line. The take profit level will be 29653.29, which is the 78.6% Fibonacci projection and previous swing low.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
DJI Potential for Bearish Momentum | 3rd Oct 2022Price is in a strong bearish trend on the H4 chart. In addition, the price has dropped below the Ichimoku cloud, indicating a bear market. We're looking for a retracement sell entry at 30065.17, where a market gap is waiting to be filled. The stop loss will be set at 31020.79, which is just above the Fibonacci 38.2% line. The take profit point will be at 28451.56, which is the intersection of the 100% Fibonacci projection line and the 127.2% Fibonacci extension line.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DJI Potential For Bearish ContinuationOn the H4 chart, we have a bearish bias for DJI with price on a descending trend since the 16th August 2022. To add confluence to this, price is below the Ichimoku cloud which indicates a bear market. Looking for a sell at 30302.28 where the 38.2% Fibonaaci line is. There is a market gap nearby there to fill. Stop loss will be at 30745.55, slightly above the 50% Fibonaaci line and 61.8% Fibonaaci line. Take profit will be at 28460.70 where the 100% Fibonaaci line and 127.2% Fibonacci extension line are.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
DJI Potential for Bearish Momentum | 30th Sept 2022On the H4 chart, price is in a strong bearish trend. Furthermore, the price has fallen below the Ichimoku cloud, indicating a bear market. We're looking for a possible retracement sell entry at 29494.20, where a market gap is waiting to be filled. The stop loss will be set at 29811.78, just above the 100% Fibonacci line. The take profit point will be at the intersection of the 100% Fibonacci projection line and the 127.2% Fibonacci extension line, which is at 28451.56.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DJI Potential For Bearish ContinuationPrice is in a strong bearish trend on the H4 chart. In addition, the price is below the Ichimoku cloud, indicating a bear market. Looking for a retracement sell entry at 30671.55, where the 50% and 61.8% Fibonacci lines intersect. The stop loss will be set at 32504.04, the previous swing high. The take profit point will be at 28460.70, which is the intersection of the 127.2% Fibonacci extension line and the 100% Fibonacci projection line.
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DJI Potential for Bearish Momentum | 29th Sept 2022Price is in a strong bearish trend on the H4 chart. In addition, the price is below the Ichimoku cloud, indicating a bear market. We're looking for a possible retracement sell entry at 30312.72, which corresponds to the 38.2% Fibonacci line. The stop loss will be at 31361.97, which is the 50% Fibonacci line. The take profit point will be at 28437.21, which is the intersection of the 100% Fibonacci projection line and the 127.2% Fibonacci extension line.
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