US30 trade ideas
DJI bullish on monthly tf for tp 34200DJI bullish on monthly tie frame can look for tp 34200
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Disclaimer: Only for educational and learning purposes.
ATR Pip Control Indicatoranalysis of trend has become a little easy with ATR Pip Control by Mr Rick Simpson and with CPR.
Do analysis and then trade. Trade at your own risk. This idea is just for education
Possible decline of global marketThis is log chart of the Dow Jones Index which might indicate possible decline of global market, or if this is a breakout, then we may enter the golden age of finance.
Considering another highly probable global lockdown, we might see a minor decline.
This chart represents the global economy of the last century.
Dowjones Top done Red line marked on the chart can be used as closing stop
Blue line as target🎯
Boxtrading Method
Live Intraday Trading - Shorting a Double Top Pattern !!!This video makes trading look very easy , but remember trading is not that easy before you do the required hard work !!!!
Live Intraday Trading - Trading symmetric triangle pattern !!!A real trading example of how to trade a "SYMMETRIC TRIANGLE PATTERN" formation :
Things to be watched :
1.Symmetric triangle formation
2.Consolidation breakout
3.Entry after retest
4.Stop loss point
5.Trailing your profit's
6.Taking partials at regular intervals
Thank you !!!
US30 : NEAR UPPER CHANNEL RESISTANCE VIEW:
US30(DOW30) may show some reaction near upper channel zone as shown in the chart
I haven't delibertely labelled few wave counts...will update with wave counts as I get more clarity....
KEY NOTE:
Short term investors should be careful here @ this junture....
Elliot wave Analysis # Bearish Sequence DJISIGN OF FATIGUE ?
DOW JONES INDUSTRIAL AVERAGE INDEX
Daily candlestick chart (log scale)
Bearish Sequence
March'2020 Impulse rally completing 1st WAVE UPTRENDS
The 1st Motive cycle completes with Ending/Contracting Diagonal
2ND WAVE CORRECTIONS UNFOLDING NOW
