For the US30USD (Dow Jones Industrial Average) weekly analysis for November 18, 2023, key observations from the recent analysis indicate:
Bearish Outlook: The US30 is forming patterns that suggest potential downward movement, such as a head-and-shoulders reversal. Analysts recommend monitoring for a "sell-on-rise" approach. Key resistance levels are around 42,767, and the take-profit zone could be near 42,175, with a stop-loss of around 43,368
TRADINGVIEW
TRADINGVIEW
.
Market Structure: The price tests resistance levels close to 61.8% of Fibonacci's retracement, suggesting a probable pullback if it fails to break these levels. Traders should wait for confirmation before executing positions
TRADINGVIEW
TRADINGVIEW
.
Bearish Outlook: The US30 is forming patterns that suggest potential downward movement, such as a head-and-shoulders reversal. Analysts recommend monitoring for a "sell-on-rise" approach. Key resistance levels are around 42,767, and the take-profit zone could be near 42,175, with a stop-loss of around 43,368
TRADINGVIEW
TRADINGVIEW
.
Market Structure: The price tests resistance levels close to 61.8% of Fibonacci's retracement, suggesting a probable pullback if it fails to break these levels. Traders should wait for confirmation before executing positions
TRADINGVIEW
TRADINGVIEW
.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.