DJI Potential for Bearish Momentum | 22nd November 2022

22 Kas 2022

On the H4 chart, the overall bias for DJI is bullish, with price above the Ichimoku cloud. However, we intend to make use of the pullback. As a result, we're looking for a sell entry at 34281.36, which is the previous swing high as well as the 78.6% Fibonacci line. The stop loss will be set at the previous swing high of 35492.22. The take profit will be set at 32135.41, which corresponds to the 61.8% Fibonacci line.

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