wait for us30 1 hr close above 34690. then we can plan a long trade based on double bottom and overall up trend.
Head and shoulders in making, a break below the necline can bring in some correction, Just chart, charts speak
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade, this post is for educational purpose only . warning :- do not jump directly or do not copy my trades DO your analysis properly
2nd rejection from the falling trend line. The pattern normally completes, in such a case, and price tests the lower trend line. Let's see how this develops.
BULLS !! Are we ready to climb the wall of worries. Daily close Stop loss 31633 with a target of 38402.
DJI will whether touch 3500 or 3400 soon. It's forming too complicated in both (W) and (D) timeframe. US oil reserves seems low, more chances to hit by BEAR gang. Chart 📈 is for Educational purposes only.
1. Trend - Bullish 2. Trend Reversal - Probable Double Bottom 3. Early Entry - Before break of neck line 4. TSL can be Aggressive SL for aggressive traders else 34029 level would be a proper room to cover up the volatility
US30 is currently at a daily tf golden zone. wait for a 4hr candle close below 34700. then we can plan a short trade in us30 targeting support below.
we can look for short oppertunity from the supply zone
Entered half qty here and full qty after confirmation (Choch in smaller timeframe)
after falling from high zone price is trying to reach back the supply zone .. price can dump from supply zone
I hope everything is clear from my picture. Risk to reward look nice Type: Day trade Risk 1% The analysis is provided for educational purposes only and does not constitute financial advice. Please be aware of the potential risk of loss before making your own trading decision.
Dow forming Rising wedge pattern, Ready to breakdown. Sharp fall waiting. See 2000 nasdaq, 2008 dow crash, same pattern.
Expecting DOW to fall towards the lower angle . Trg 33770 . Angle are plotted based on GANN techniues.
Target 35550 Above 35350 inverted head and shoulder EMA 200 Support EMA 50 100 200
Inverse H&S on Daily Chart breakout & retest complete. Shoulder tgt already achieved. Levels are marked on chart.