Executing a Scalping Position on US30, the price initially reached 38570 before experiencing its first retracement. Currently, the price is undergoing a pullback at the 61.8% Fibonacci level, coinciding with a Bearish order block. Our focus lies on anticipating a rejection of this zone and identifying a new CD Leg Fibonacci extension.
Dear Indices Robbers/Traders, This is our master plan to Heist US30 Market based on Thief Trading style Analysis. I have two plans to heist this market please look at the chart I have mentioned in our heist plan whether Bull or Bear. My dear Robbers U can enter at the Neutral area after the confirmation of market condition, Our target is Red Zone for Bull Trend...
Dear Colleagues, I suppose that the price has started the wave "5" of the higher order. At the moment I expect a correction in wave "2" of lower order, then I expect the beginning of wave "3" with the aim to reach the resistance area 39156.49. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
After a test of a strong horizontal resistance, Dow Jones broke and closed below a support line of a rising parallel channel on a 4h time frame. We can expect a retracement to 38230 / 38066 ❤️Please, support my work with like, thank you!❤️
Pair : US30 Dow Jones Description : Double Top in Short Time Frame Completed " 12345 " Impulsive Waves Fibonacci Level - 261.2% RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
Simple trading - "M" Pattern Massive Sell-off incoming This is by far the easiest pattern to spot. Do NOT follow the trend anymore. Respect the pattern. A retest to 2340 with rejection is a clear sign of new resistance. If Gold can manage to break above 2345, then look to continue buying. The two entries I'll be looking for are SELLS at 2340 with a 50pip stop...
Dow and Rusell2k have rallied back and may be finding seller supply at current levels. If prices go lower and fail to hold recent support, then an extension of the down move could be in play. The majority of the gains stocks have been from the ai and magnificent 7 stocks (nvidia, amazon, tesla, microsoft, apple, google, meta). These stacks are a larger...
NASDAQ:MAR Entry: $238.47 Target: $244.50 Stop-loss according to your risk appetite. Not more than 1:1. Indicators also showing a bullish trend.
By checking the #euro_dollar chart in the 2-hour time frame, we can see that exactly as we expected, the price entered the desired demand range and started to grow from the same zone, and with more than 70 pips of yield, it was able to grow above 1.069! I still believe that by maintaining the support of the 1.064 range, the price can penetrate to higher levels and...
Following a successful sell signal at the top of the long-term Channel Up (March 28, see chart below), Dow Jones (DJI) is staging its first attempt to resume the bullish trend: Observing past behavior in similar circumstances often helps at making such projections, so we placed Dow's previous correction in August 2023 (right chart) next to today's. The key...
H4 - Bearish trend pattern. Currently it looks like a correction is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Dow quickly turned neutral again on its 1D technical outlook (RSI = 49.651, MACD = -238.11, ADX = 37.915) not staying for long on its previous bearish state as after hitting our TP = 37,300 it rebounded emphatically and is about to test the 1D MA50. The pattern was the same as the prior corrections inside the Channel Up: pullback to the 0.382 and -6.95% in...
After creating a double top at All-Time-Highs, us30 began a steady bearish correction back to the 37200 key level. Then rejecting and still maintaining the overall bearish market structure on higher timeframes. Now looking on the daily timeframe we see a strong hammer head candle formation after rejecting 37200, indicating a reversal and potential bullish move....
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
4to Principio Si uno de los índices inició una nueva tendencia primaria alcista pero el otro permanece en una tendencia bajista no puede ser confirmado gracias a la divergencia en las tendencias. La razón radica en que la tendencia primaria es un reflejo de la condición general del mercado, que para Dow, era una aproximación de la economía.
Dear colleagues, I believe that wave "4" is not yet completed. To complete it, it is necessary to complete the double zig-zag. I expect that the movement "c" will end in the area of 37350, then I expect growth and the beginning of wave "5" with the goal to reach at least the resistance area of 38458. Be careful, perhaps wave "c" will be a bit shorter and it will...
By checking the #Nasdaq chart in 4-h time frame, we can see that the price was exactly as we expected, after it entered the Bearish BB supply range, it was accompanied by selling pressure and was able to hit the main target with more than 430 pips profit! In the coming week, we will probably have a short upward movement first, and then with the right trigger, we...
Simple Trading - Heads and shoulder Gold is way overdue for a bullish retracement, is this the beginning of a pullback? Watch to see if gold can hold below 2380. Looking to take SELL positions if the price can confirm the New resistance level. **Price may not retest and continues to drop to TP