Hello my friends, Everything is clear on the chart for you like always. The bars going to key level as a major support and daily So this point very sensitive. also after this area is broken, next support will become active as a sell target. So monitor the price's action in the circles. Good luck. If you like the idea, do not forget to support with a like and...
I've made many comparisons of Dow Jones' (DJI) 2022 Bearish Price Action with past Bear Cycles but being near closing its 3rd straight red 1W (weekly) candle since the August 15 rejection on the 1W MA50 (blue trend-line), it is time to update it. As you see, this is a comparison of Dow's 2021/2022 chart against 2007/2008. The dynamic factor is WTI Oil (black...
US30USD - Intraday - We look to Sell at 31991 (stop at 32442) The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited. Previous support at 32000 now becomes resistance. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Our profit targets will be 30952 and 30700 ...
butterfly pattern (and stupid Biden+Powel) do its job well push markets down now dow reach fibo 61% (see red fibo on chart ) and it can start +uptrend to 33070 when pinbar comes on 1hour or 4hour or daily chart dont fear pick low size buy and hold it 7-8 day SL:pinbar low good luck
US30USD - Intraday - We look to Sell at 32761 (stop at 33164) The medium term bias remains bearish. A Doji style candle has been posted from the base. We look for a temporary move higher. A Fibonacci confluence area is located at 32800. Preferred trade is to sell into rallies. Our profit targets will be 31822 and 31600 Resistance: 32800 / 34300 / 36800 ...
US30USD YM1! DOW 2022 AUG 29 Week Last week's 33205 rejection provided short opportunity. Possible scenarios: 1) Long at 31780 support 2) Short on rejection of 32546 / 31780 / retracement on low volume Price reaction levels Short on Test and Reject | Long on Test and Accept 34027 33326 32546 31780 ...
US30USD - Intraday - We look to Sell at 33964 (stop at 34295) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. Horizontal resistance is seen at 34000. We look to sell rallies. Further downside is expected. Our profit targets will be 33212 and 33000 Resistance: 34000 /...
US30USD YM1! DOW 2022 AUG 22 Week Last week supply returned for Scenario2 short opportunity. Possible scenarios: 1) Daily/Weekly analysis showed minor strength, let's see if demand is able to overcome supply for uptrend continuation. 2) Short on rejection of 34027 or market retraced on low volume. Price reaction levels Short on Test and Reject | Long on...
Hello my friends, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. The bars going to key level as a major resistance 34000-34150 as a resistance base and daily descending trend line, So this point very sensitive and I expect a pressure from sellers. also after this area is broken, next resistance will become...
as predict before ,dow reach 33800 area (can touch 34000) under 33800 we have powerful trendline , so after pinbar comes on 1hour,4hour or daily chart we can sell with SL= pinbar high if you have old sell (why dont put SL on high ? here no SL=margincall and loss) near 33130 you must close all or hedge good luck , if dow break trendline can fly up to 35200...
US30USD YM1! DOW 2022 AUG 15 Week Last week market reached previous supply zone. Long on retracement continues still preferred Possible scenarios: 1) Continue of upward momentum for long on retracement 2) Short on rejection at channel supply Price reaction levels Short on Test and Reject | Long on Test and Accept 34807 34027 ...
exclent NFT news on friday , will push dow up this week !!! if you have old sell , in deep hedge them and wait (never close buys frist) strongly advice looking for buy , dont pick sell (only under red arrow +pinbar comes SL=pinbar high) in 35200 we have powerfull support too , dow will see it too i wish you win , stand on very very low and fix size
above green arrow we can pick buy (after pinbar comes on 1hour or 4hour or daily chart with SL = 100 point TP=33800 (under trend line) ADVICE = DONT PICK SELL , LOOKING FOR BUY IN DEEP WITH SL IN DAY LOW OR 100 POINT good luck
US30USD YM1! DOW 2022 AUG 01 Week Last week market reached previous supply zone. Long on retracement continues. And if price broken down of channel is is rejected, target could be 30406. Possible scenarios: 1) Continue of upward momentum for long on retracement 3) Rejection at previous supply zone + breakdown of channel for short Price reaction levels Short...
Hello traders, Everything is clear on the chart for you like always. be careful today and tomorrow . Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
Hello traders, Everything is clear on the chart for you like always. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
US30USD YM1! DOW 2022 JULY 25 Week Last week's long preference worked well. Weakness shown over 3 TF analysis. We may see short opportunity temporarily. Possible scenarios: 2) Market rotation = trade at boundary of range 3) Behavior change scenario Price reaction levels Short on Test and Reject | Long on Test and Accept 32563 ...
US30USD YM1! DOW 2022 JULY 18 Week Last week, rotation strategy worked well again. Point to note for Dow, unlike NASDAQ and SNP, we didn't see bullish volume returning. So we will still adopt the rotation strategy. Also with minor strength on Weekly tf, we can also look for long oppportunity on retracement. Possible scenarios: 2) Market rotation = trade at...