DJIA/DOW JONES BULLISH PROJECT
Updated
Hello, everyone!
Dow Jones INDEX:DJY0 is forming the bullish wolfewave.
If the price goes South within the indicated borders of FIBO fan (38.2-61.8), it'll shape the classic WW pattern which represents an interesting opportunity as potential long setup.
GL All and profitable week!
Dow Jones INDEX:DJY0 is forming the bullish wolfewave.
If the price goes South within the indicated borders of FIBO fan (38.2-61.8), it'll shape the classic WW pattern which represents an interesting opportunity as potential long setup.
GL All and profitable week!
Note
Even though initially it didn't look like this, sudden fallback of DJIA and its fast return to previous positions created point V precisely at planned location being supported by really high volume. Didn't have an opportunity to follow this move today. However, I would expect the price to keep going to designated point 6 :-)Note
And it really worked, TP was reached successfully.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.