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Hellena_Trade
31 sty 2024 06:05

Hellena | DJI (4H): Long to 100% Fibo 38931. Long

Dow Jones Industrial Average IndexTVC

Opis

Dear colleagues, I suppose that the price will continue its upward movement. Now I see the formation of wave 3 and it may reach the area of 100% Fibonacci extension level 38931. Before this movement a small correction to the 38186 area is possible.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Komentarz

Dear colleagues, the price has tested the swing area 38186. Now the price is resuming its upward movement, but it may test this area again. But I expect the target at the same level - in the 38931 area.

Komentarz

Dear Colleagues. In the coming week I assume a small correction, then continuation of the upward movement. For insurance and reduction of losses I recommend to transfer trades to breakeven.

Komentarz

the price has almost reached the target resistance area 38931. Also the price has formed a gap and it means that it will be overlapped, but after reaching the target or after? I suppose that however the target will be reached. Don't forget to put your trades to breakeven!

Komentarz

Dear colleagues, all last week price made attempts to reach the target (area 38931). We can see how the price is accumulating potential and next week I assume that the price will finally reach the target. At the moment I allow the possibility of another correction to the 38500 area.

Transakcja zamknięta: osiągnięto wyznaczony cel

Well done!
Komentarze
xprotectio
Greetings, very nice analysis, I am your fan, you read market very nice, thank you for sharing here. Best luck
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