DJI Potential For Bullish Continuation

2022年11月10日

On the H4 chart, the overall bias for DJI is bullish. Furthermore, the price is above the Ichimoku cloud, indicating that the market is bullish. Looking for a pullback buy entry at 32257.13, which contains the 23.6% and 61.8% Fibonacci lines. We've set a relatively safe stop loss at 31007.33, which is where the 38.2% and 50% Fibonacci lines intersect. The take profit level will be 34106.01, which is where the previous high as well as the 78.6% and 100% Fibonacci expansion lines are located.

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