How To Make Money Today: Dow Jones Daily Market Analysis and Forex Trading Signals 14 February 2022
To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…
Dow Jones Industrial Average Analysis:
On the H4, with price moving above the ichimoku cloud, signifying an overall bullish momentum. We can expect price to rise to our 1st resistance at 36183 in line horizontal graphical swing high resistance and 161.8% Fibonacci extension from our 1st support in line with horizontal overlap support and 38.2% Fibonacci retracement at 34705. Alternatively, price may break 1st support structure and head for 2nd support, which coincides with horizontal swing low support and 78.6% Fibonacci retracement at 33656.
Areas of consideration:
- H4 time frame, 1st resistance of 36183
- H4 time frame, 1st support of 34705
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