Us30index
US30 LONG AFTER A 2,500 POINT DROP IN DOW JONESUS30 BUY SIGNAL BUY LIMIT Time Frame : H4
Entry ENTRY Price : $27048
Entry price 2: $26988
Stop Loss $26770
TP 1: $27448 & TP 2: $28048
TP.3 $28448 & TP.4 $28988
TP.5 $29348
The Dow Jones Industrial Average trimmed its loss in afternoon trading after plunging more than 2,000+ points as coronavirus pandemic fears intensified.
At its lowest point, the Dow (INDU) shed 929 points, or 3.3%, in the early ... The Dow is more than 8% below its most recent high, putting it close to correction territory.
US30 LONG SET UPUS30 BUY SIGNAL
BUY LIMIT
Time Frame : H4
Entry Price : 28843
Entry price 2: 28785
Stop Loss 28720
TP 1: 29033
TP 2: 29157
TP.3 29317
TP.4 29517
tp.5 29680
Status : PENDING
Dow Jones - Buy NowYes Dow Jone is in good for buy. Its already crossed the 0.786 fibo level and whenever price moving from down to upward in RSI and crossed the 64.34 (Blue horizontal line) its keep continue the bullish movement.
@ 26994 (this price can be change according to the broker)
TP 1 - 27120
TP 2 - 27135
TP 3 - 27150
SL - 26837
Note: Trade at your own risk high volatility and use money management.
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USD30USD 27,000 Rejection could lead to a 24,000 target With the rejection of our weekly midrange resistance (27000) on the daily timeframe we monitor the pullback or retracement to an area of support.
We are expecting price to reach (26143) at least but we prefer (26000).
Now if we do reach (26000) and manage to close below it on the monthly timeframe we can start to see the overall long term shift in price action. Then we will start to look for targets at (25000) and (24000).
This is the last week of price action before we end the trading month so keep that in mind when looking at you higher timeframe candlestick
Until then we would need to see a break and retest of our H4 ascending trendline and also support level (26500) to confirm the continuation of the lower timeframe shifting in price action.
If we get the break/retest our target is (26143) and (26000) for either this trading week or next trading month.
