DIA
📐pray for itLook at this trade opportunity, wolves🔥
Symmetrical triangle on bearish market. Sounds good, isn't it?
There it is. According to Elliott Waves theory all the waves are done and now the price is close to the breakout point.
Follow the chart and look for the breakout carefully.
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
🩸 🐖 "Bulls make money, bears make money, pigs get slaughtered"Hi guys after Friday rout there are new developments in stock market indicies. Last week price action on AMEX:DIA formed bearish reversal pattern buying climax above upper megaphone pattern line at the top of rising wedge. This rising wedge is 5th Elliot wave which is signaling trend will reverse soon.
As you can notice in chart last week realized volume was relatively big and volume week ago last week was rather small. Thats the signs that bears taking control significantly in recent days.
I expecting this week breakdown bellow megaphone upper line and begin forming corrective wave (a).
If you like the idea, do not forget to support with a 👍 like and follow.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NQ MFI oversoldNQ, ES, YM, and RTY MFI all oversold so probably a bounce today but don't sure me if it doesn't go up, lol.
It will probably fade the gap up a bit before heading higher. Chart looks the exact opposite as yesterday, nice whipsaw, lol.
Probably staying out, not feeling very bullish, but yields went down overnight, so it should go up.
DJI - Rockets through rising wedge pattern - Seriously? Okay, I have watched a lot of BS happen in this market over the last year, but this has to be the most appalling. Leading the charge is Boeing and up almost 8%. You know, the company that just had an engine explode a land on and land in a guy's front yard.
DAX H4: BEST Level to SHORT IT +1000/+1500 points(SL/TP)(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
DAX H4: BEST Level to SHORT IT +1000/+1500 points(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: DAX 4hour/candle chart review
::: bearish fractal in progress now
::: setup still valid as of today
::: XABCD short from current level
::: upside limited from here
::: point D is 12 900 points
::: HOWEVER heavy resistance overhead
::: 14 000 heavy resistance
::: get ready to SHORT rips / from overhead
::: BEARS will take over soon
::: lower risk setup is SHORT
::: get ready to SHORT or short at market
::: BEARS will target point D/PRZ at 12 900
::: TP BEARS TP1 +1000 points TP2 +1500 points
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 12 900
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 12 800 fresh demand zone
::: 14 000 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Dia Daily Breakout Setup Dia Cryptocurrency will breakout above the Daily Resistance soon . made lots of attempt to clear the resistance and now it is a good chance to move into this token
Dia cryptocurrency token will out perform the once break above the Red zone
In bitcoin bull market you can hold cryptocurrency if it breakout above the All time high, holding alt coin will give you really good amount of profit,
so in case of All time high or Big volume breakout happen you can hold this coin for good long term coin list
Buy above 700 sats
Stop : 450
Target : 840 , 965 , 1098 , 1250 , 1424