How To Make Money Today: Dow Jones Daily Market Analysis and Forex Trading Signals 25 March 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…
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Dow Jones Industrial Average Analysis:
On the Weekly, with price expected to reverse off the resistance of the ichimoku indicator, we have a bias that price will drop from 1st resistance to our 1st support .Alternatively, price may break 1st resistance and head for 2nd resistance.
On the Daily, with price expected to reverse off the resistance of the ichimoku indicator, we have a bias that price will drop from 1st resistance to our 1st support .Alternatively, price may break 1st resistance and head for 2nd resistance.
On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .Alternatively, price may break 1st resistance and head for 2nd resistance at 35808 in line with the 161.8% Fibonacci extension.
Areas of consideration :
- H4 1st support at 34073
- H4 1st resistance at 35011
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