1) Stock made Higher High, 2) Retracement is over 3) Priceaction is done 4) Entry above the Pin Bar 50 Stop loss and target in charts
Reliance is taking support of trend line. If it sustain above 2585,it will come in bullish mode and next target would be 2929 soon.
DJI wave theory analysis on weekly basis: presently Dow in wave 1 & making triangle pattern or complex (clue; Dow making HH & HL). whenever DOW will break it BD base trend line ,that time wave 3 has to be started & it should first target 1.68% of wave 1. than it to be take time & correction downside unto 38% of wave 3. again when 4th wave to be completed once its...
The German index is just 3% away from an all-time high strong outperformer against global peers. now at 15875, can move beyond the 16300 mark on the downside good as long as hold the 15250-15300 area
once again Dow price rejection at previously discussed several times as resistance and distribution area as shown in chart. Rejection is very clear with diamond pattern indicating bearish trend towards target of 32000 which is previous seen support.
I would like to share my analysis on the Dow Jones stock. Currently, Dow is facing stress at the 32587 level which is acting as a resistance. Based on my analysis, I believe it is a good time to take a short position from here. I predict that Dow is moving towards the 29534 level. Thank you for considering my analysis. Best of luck with your trading.
us30 (dow jones) right now forming reciprocal ab=cd with butterfly formation below b point 32529 more fall can seen up to 30980-30780 on 30980-90780 2 pattern will active reciprocal ab=cd and butterfly for bull run till 34000-35000
Dow Jones have managed to be range bound amidst all the negative news and sentiments... Still investors have managed to keep it afloat without any major fall.. Now Dow is approaching Trendline Support... Crucial reversal zone.... Is a Pull Back and bounce on the anvil ???
Dow Jones trading in a range, a breakout will determine further market movement. Whereas Indian markets have broken the #trend today by making a new higher low. Having a bullish bias for the upcoming week.
BPCL is making a lower low with a lower high. The simple logic is going to trigger a possible short position in the upcoming days. My bet is on BPCL Jan 320 PE on 5.5 CMP.
Amid fear of Inflation and rate hikes Dow has actually performed very well ignoring last to last hawkish commentary of FED. Well we focus on price only and my algorithm has churned out some important levels for the month of Dec 2022. I have marked those levels on the chart for ur perusal.. Happy Trading... Like... Share... Comment...
I Tried to brief analysis of DOW of USA market. If DOW breakout at present level than it may go far.
Dow Jones rallied nicely in last 3-4 trading sessions.. Dow Jones waiting for direction as per Fed rate hike news... In any adverse news identified support levels. 32168 is a very good supp. below that we can see more red on Dow.
Distribution Schematic #2: Wyckoff Bearish Phase D in progress
Dow Jones Industrial Average Index View Spot Cmp - 29941 Dow Looking Week On The Chart Follow Lower Low Pattern In The Chart Important Levels Above 30572 Go Long For Target 32000 ++ Below 30428 Go Short For Target 28000 ++
Dow Trading setup closing above resistance will trigger buying and forming temporary bottom closing below support will trigger more selling pressure I'm thing Dow is making a temporary bottom Good R:R
Marked the entry and exit points along with the peaks and bottoms using Dow Theory