DJIA SUPERCYCLE DEGREE WAVE 5TVC:DJI
In Supercycle Degree Wave Five.
The Bull Market has long way to go for another 21 years.
DJ30.F trade ideas
US30DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
Elliotical Approach to US30 Short.Hello traders!
1. We see a 5-wave descent of US30 market. This is the beginning of the downtrend that has been expected since our first analysis on 9th January . Ideas attached.
2. The invalidation level is very far. If someone hasn't taken the initial trade on 16th January, best wait for a trade with a better risk reward. Those already in this trade since 16th Jaunuary could risk some for a larger profit. Extensive risk management advised as the protective stop will be very far.
3. At present, there are two variations in count that seem possible. The ABC correction that we see can be wave A of Wave (i) or Wave (ii) itself. More unfolding of the markets required.
4. We have an important resistance zone at 33400-33500 .
5. There is a 38.2 percent retracement level.
6. Even though the market is bearish, we can expect a longer, more complex correction because the market has shown a quick fall of over 1300 points. But, at the same time, not a very deep correction as the bulls have already pushed the market enough for a long time now.
7. Use of Elliotically correct protective stops is advised.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
US30looking for short covering around given zone
waiting for refined entry and extra confirmation
lets see
Dow Jones -55 MinsWhat a smooth fall in Dow, After range BO.
Price action is very key for BO Trades.
Dowjones-DailyDow falling from previous highs, with 2 big candles. Its falling lower than expected, Lets keep any eye on dow for few days for directional bias.
Inverted Head &Shoulder?Possible Inverted Head & Shoulder formation?? After The Buffet's increased their buying stake @ Chevron Corp...✌️
Dow Jones Inverted Head & Shoulder formation?Chart pattern possible formation 🤞 . After the Berkshire increased their buying stake @ Chevron Corp.
Elliotical Approach to US30 Short.Hello Traders!
1. The US30 market is on the verge of completing its 2nd wave of Wave C of the complex correction as originally published in a prior idea (link attached).
2. We see an ending diagonal forming in the 1hr tf at the moment.
3. Also, wave 4 often divides an impulse into harmonic ratios. There can be that possibility with the division of 61.8% and 38.2% (total 100%). We take this possibility into picture because we also have the retracement level of 78.6% of wave 1 at almost the same level.
4. What is an invalidation level ? It is the level at which are analysis will have been wronged. So, in this case, if US30 market goes above 34950, our analysis will be wronged and we will have to look for a new picture. That's how accurate Elliot Wave Theory is!
5. Clearer targets will be available when we have a clear impulse down.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
US30 30M PROJECTIONDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
DOW JONES ANALYSIS ON DAILY CHARTDow Jones is showing all bullish signals on the Daily chart
Price is above 20 SMA with strong upwards momentum
Price has formed a Cup & Holder pattern on chart, entry in which is not yet confirmed, i have mentioned all the details on the chart with proper drawing
US30 ON A BULLISH WAVE , ENTRY EXPLAINED The new entry iis explained in detail.signals in the premium channels
DJI - Analysis updateDJI after giving a breakout earlier faced rejection in Pitchfork middle band and retested the counter trending. For last two weeks it was consolidating and gave a inside bar breakout in Weekly tf, currently the follow up candle so far looks good and if the momentum continues - it is possible to see a 6-8% upmove minimum in DJI from previous weekly closing .....in coming weeks.
Link to previous DJI analysis in related idea section
US30 Sell OrderDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
Dow Intra 4H setup....Just a contra view wilh bullish bias on US30
Make or Break level marked for Intra..
Happy trading...
Dow Jones Industrial Average Prediction for 05:01:2023DJ:DJI
Happy Trade. Reference time frame 1Hr.
If get benefited please comments on us.
trend has broken in 15 mins Trend has broken in 15 mins , expecting 1:1 trade
huge fall in single candle.
As predicted 😎🙌✔I predicted this move on Friday the 7th of January. US30 sky rocketing. lets keep on catching those pips!!!!!!!!
Dow Jones possibilityDow Jones is in corrective up move possible reversal level from arrow mentioned in chart
My view only Please make your own analysis
My Elliotical Approach to US30 Short.On the daily TF, I see a complex correction in the form of WXY. According to guidelines, the expected target of a C wave is 161.8% of A wave of an expanded flat. The same expanded flat is expected in the Y wave. That sets the target of C wave at 25500 which also happens to be 61.8% of the prior bull wave. We do still have to wait for confirmation of the wave 2 of C wave. Happy trading!
longUS30 Potential long, price have been ranging between, 32835 & 33476, we had a break of that range on Friday, I’m looking for some retracement above 33476 if we price hold above that structure we can potentially look for price to continue long towards the upside 🟢
