Anish_CMT

DJIA Sell Set-Up Through Wolfe-Wave

Short
TVC:DJI   Dow Jones Industrial Average Index
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1
DJIA has completed it's Sell- Setup and broken it's 1-3 Trendline on 9th March 2017.
The 2-4 Wave forms a narrow pattern meets the 1-3 wave, further strengthening the sell structure.
According to the Sell-Setup, market can come down to 20200 levels in coming weeks. Traders can put a protective stoploss at 21200.
Trade closed: target reached: DJIA made low at 20420.
Around 400 points profit.
Traders book profit at current levels, maintain Trailing SL 20600.

Trend is still on downside.

Comments

DJIA made low at
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Analysis Update- DJIA down by around 250 Points.
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amazing analysis
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Anish_CMT VimalVashisth
@VimalVashisth, Thankyou Vimal! :)
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