Dow Jones Industrial Average Index technical analysis (DJI) moved as I expected it 👇✅.
DJI was pushed back from the resistance zone & SMA 20 (monthly TF) as I expected.
Now, we have Two Scenarios here:
Scenario 1: DJI will make the Expanding Leading Diagonal.
Scenario 2: DJI has passed the corrective waves by Double Zigzag Correction, and We have to wait for breaking the Resistance Zone by DJI (Low Possible).
❗️Note❗️: If DJI touches 31885$, we can verify the first scenario.
Dow Jones Analyze (DJIUSD), Timeframe Daily⏰(Log Scale)
🔴Resistance zone: 33700$ until 33260$
🟢Heavy Support Zone: 31260$ until 29680$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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