DowJones short H4 DJ30 US30CashContinuation of my previous trade. Where DJ is trending downwards congesting the support area.
Why I entered a short position? Because of the breakout of previous support. Fundamentals are gearing towards bearish due to fear in the Dollar market.
Tranche Targets @ 1:1, 1:2 and 1:3.
Dj30short
DJ30 - Confirmed SHORT Signal on Hash Ribbons 2 Day The DJ30 (Dow Jones Industrial Average) Now has a Confirmed "SHORT" Signal on Hash Ribbons 2 Day Chart.
As shown in the chart, the last time this happened was in February 2020 when the markets crashed spectacularly. In previous charts I have spoken about the 1929 prop to the great recession and place the bars pattern as an overlay on my chart analysis. You can search for these on my profile. I have heavy on SHORTS right now.
DOW JONES SELL STOPDOW JONES ANALYSE
The Dow Jones Industrial Average (DJIA), also known as the Dow 30, is a stock market index that tracks 30 large, publicly-owned blue-chip companies trading on the New York Stock Exchange (NYSE) and the NASDAQ. The Dow Jones is named after Charles Dow, who created the index in 1896 along with his business partner Edward Jones.1
us30 shortus30 short, retest before we fly up. unless we break above this current resistance, then I will look for a retest back down to the current level for entry