US30 trade ideas
Power of Triple Top Chart Pattern
In Dow Jone Index we seen Triple Top formed on hourly time frame and given Breakdown.
After Breakdown seen a huge Fall in index of 7.25% which is the huge Fall for any Index in Market.
Now taking support at 30145 which is trend line at daily timeframe and will try to recover.
Dow Jones - Buy - Sl day low - Targets follow FibonacciDow Jones - Buy - Sl day low - Targets follow Fibonacci
DOW JONES: A leading diagonalIndex is unfolding as a leading diagonal of which 4th wave is already concluded and right now we are into the last stages to complete the 5th wave of this leading diagonal which will bring the index below the level of 30635 in the near term. Traders should remain short for the minimum target region of 30600-30000 in the coming weeks with stop loss of 32600.
US30 4h chart sideways and slightly bullish If it breaks 31800 it's bearish but for now it'll travel sideways and might go up as well.
Deep crab Expect a sharp fall in u30 . In 2 days . Will effect the world market and probably the Indian market will show a sharp correction. Bank nifty targey coming in the range of 34650-34500. Let's nuke it
Dow Jones 4H Set upDow Jones 4H setup shows... channel breakdown..
levels marked for trading... trend is down if close below 32800- 32750 range..
Happy trading..
Dow Jones industrial average Elliott wave count Here its dow Jones industrial average Elliott wave count present
We are on bigger Z way
Subwave of Z wave are wxyxz
U can seen in the chart wxy completed
X wave :-
Now we r on x wave
X wave coming as ABC wave
X wave went till 0.618 fib of y wave resistance from their
So near to end x wave
After x wave
Our z wave will start soon
See u at below 30k soon
If u have any doubt than ask your question
US 30 might be bearish US30 on 15 mins timeframe gave a fake breakout yesterday night on Indian Timezone and went down. so, it might continue the selling trend for short period. i.e. for a week most probably.
DJIA : A Breakdown is ExpectingA Pattern called MEGA phone is about to breakdown. It may touch down 30600-31000.
After a consolidation a clear breakdown is expecting below 34000 with sl 34800 tgt 30600-31000.
This is for information only. Check your risk profile with your financial advisor before taking any trade prosition.