US30 - BUY IDEA
The US30 chart suggests a potential long opportunity based on Elliott Wave analysis. The price appears to be in a corrective wave (a) and may soon retrace upward to the Fibonacci retracement levels, marked as potential targets for wave (b). The key levels to watch for this retracement are:
- 0.382 (41,093.34)
- 0.5 (41,190.85)
- 0.618 (41,288.37)
A long entry could be considered near the current levels as wave (a) completes, aiming for these Fibonacci retracement levels. Stop-loss could be set below the recent low near 40,777.67, which represents the 1.098 extension level.
This setup anticipates an upward correction in wave (b) before a potential continuation of the larger downward move.
- 0.382 (41,093.34)
- 0.5 (41,190.85)
- 0.618 (41,288.37)
A long entry could be considered near the current levels as wave (a) completes, aiming for these Fibonacci retracement levels. Stop-loss could be set below the recent low near 40,777.67, which represents the 1.098 extension level.
This setup anticipates an upward correction in wave (b) before a potential continuation of the larger downward move.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.