DJI technically downtrend Analysis 1 DJI doesn't break the DAY and 1HR Trend line. seems sell retracement. once cross down and sustain 33500 means the fall down to 33350.... 33350 to 33200 is demand zone...if the demand zone invalided means the price fall down to 33000... (a) sell stop risk entry 33600 safe entry 33450 targets 33350/33250/33150/33050 buy stop...
Dow Jones couldn't break the Inverse Head and Shoulder formed on daily TF. now has formed Double Top. A daily candle closing below the white cline can give the 2 targets on the downside marked with red line. For aggressive traders an hrly candle closing below the white line can go for shorts.
dow jones move upside 5th wave use 2 or 4 trendline break price go down side start wave abc corrective wave
Dow Jones trading at upper range of trendline currently and are resisting to cross from last 5 trading sessions, if it did not cross then you can take a short trade below the recent low with stop loss of current recent swing high.
DJ:DJI dow can bounce back from current support zone of 33340/33275, if breached then next support zone will be the target.
DJ:DJI dow jones can go upto33630/33690 above 33543, if breaks 33699.87 and styas above it, then dow can reacy upto 33862/33902 levels.
Perfect Bearish Gartley Sell Dowjones Between 33113 - 33353 SL - 33601 Target - 32900 / 32700 / 32500
dow jones current price 32000 my analysis dow jones regular go down side 5 wave break 31000
Dow Jones Industrial Average Index Chart Analysis on Weekly Time Frame Postive Signal 1. Up 2% on friday 2. Showing Trend change on weekly time frame 3. Given Breakout and Retest done to trend line Target 1 . Possible Target - 36300 Stoploss / Breakout Fail If Any weekly Candle closes Below...
The general analysis of the Dow Jones chart, the breakdown and stabilization of the price in each of the following areas is important and you can enter the trade in the direction of the same trend.
On daily down first broke the downward trend line, then tested it & formed equal lows there. Whereas on hourly it is showing signs of a shift in market structure, it has already given a BOS & has formed its first HH & HL pattern. If it gives a 2nd BOS & forms another HH & HL then it will become buy on dips for the near term.
DJ:DJI is forming double bottom. Will there be breakout?
DJ:DJI may try to create #wpattern or double bottom on daily / hourly time frames at important support zone of daily time frame, if it breaks below the support level, we can achieve the expected downside targets soon.
DJ:DJI is following the zones I had mentioned in my last post, expecting more 5-10% fall from here in dow jones.
DJ:DJI down fall prediction using supply/demand zonez and support/resistence zones.
Dow Jones - Buy - Sl day low - Targets follow Fibonacci
We have seen confirmation of the Head & Shoulders pattern in Dow and it couldn't go above the right shoulder. We may see Dow coming near to 31000 in coming sessions. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team