DJI Potential For Bearish Continuation

2022年9月27日

On H4, with the price moving below the Ichimoku cloud and descending trendline, we have a bearish bias.
We are looking for a pullback sell entry at 30105.42 where the 50% Fibonacci line is. Also there is a market gap that looks good to be filled near there. Stop loss will be at 30883.99 where the 61.8% and 50% Fibonacci lines are. Take profit will be at 28456.52 where the 127.2% Fibonacci extension line is.

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