Good evening traders. market has resisted our premium DAILY KEY LEVEL and market is now showing our opening for the NY session from a res level. Since news on the dollar states that it is weakening im thinking we could head into a 370 pip short to the downside of our next 4H premium KEY LEVEL. COMMENTS ON THIS TRADE WILL BE MUCH APPRECIATED FOR SOME CLARITY.
Good day traders on DOW JONES i expect the market to go down an test our zone around 32597 forming an inverse HEAD&SHOULDER then I expect to see buy candles when the market reaches the zone @32597
Hey Traders, in the coming week we are monitoring US30 for a buying opportunity around 33450 zone, US30 was trading in a downtrend and successfully managed to break it out with current USD weak environment that makes stocks looking attractive. If we get a decent pullbacks i will be looking for a potential retrace around 33450 support and resistance zone. Trade...
So it looks like the NFP is certainly bullish for S&P500 index: Approaching a daily zone of demand, the price formed a double bottom formation on 4h, successfully violated its neckline and reacted positively on its retest. I will expect a bullish continuation and retest of a local high 4137 ❤️Please, support my work with like, thank you!❤️
US30 TRADE IDEA FOR NFP Expecting a stop loss hunt up kicking out sellers and then sells from set areas. We will wait for NFP to get released.
Dow Jones may be close at completing an Inverse Head and Shoulders pattern while being bullish both on the 4H (RSI = 60.932, MACD = 165.930, ADX = 34.060) and the 1D timeframes. A pullback to 32,800 and then rebound would confirm that. Even without it, we are ready to buy the breakout above the Channel Down, targeting the bottom of the R1 Zone (TP = 34,350). If...
Once the retest is over and we have an Impulse up or candlestick formation ending the downtrend. Then we go in and we ride it the whole way (For me till NFP, I do not trade NFP).
Based off what's currently happening in the USA we can expect the market to go down even further - keep in mind that NFP (Non-Farm payrolls) is tomorrow so price will be extremely volatile, I am expecting price to takeout in the form of buys and then go the direction we want.
We are in a correction, the probability of falling to the desired range, and after climbing to the previous peak, we predict
hi guys i belive us30 is crash and strong sell please support me by cm and like
Do not take this trade until⚠️⚠️⚠️ 1. It breaks out impulsively 2. It retests either with many spinning tops / channel inverse to the current trend 3. Makes a final kiss either with another impulse candle / candlestick pattern showing upwards Also watch your fundamentals and which ones will affect the pairs you trade
Dow Jones is currently on the 3rd straight green 1W (weekly) candle above the 1W MA50 (blue trend-line), testing the top of the 4-month Channel Down. We have previously seen almost the same pattern during the 2015-2016 correction (E.U./ China/ Oil crisis). A fake-out below the 1W MA200 (orange trend-line) initiated a rebound above the correction's Lower Highs...
Looking for this short from here , as it reach previous Buy area transferred to sell area lately This is my point of view, Manage your risks - lot size, stop loss. CURRENCYCOM:US30
Dow Jones reached today the top of the Channel Down pattern. This is a rise almost proportional to July 14th-22nd (around 7%). Both crossed over the RSI Falling Resistance and at the same time the MA50 (1d). Trading Plan: 1. Buy as long as the 1d candle close over the MA50 (1d). 2. Sell if it closes under. Targets: 1. 34950 (Resistance 2). 2. 32600 (MA200...
A fall of 200 points and then gain back of 150 points is what we all expect at situational understanding of todays graph. But I had been researching over past 3 months the WAVES that rule over indices, I completely eradicated all of the Fundamental Reasons for example news crashes or something like Banking Crisis as the reasons for any downtrend and uptrend for...
Confluences to long Incline trend line Decline trend line Reversal point -0.618 bearish fib target rejection candlesticks on 15 minute gold looks good to go down
Beginning last week us30 has been on a steady uptrend after a consolidation period at previous lows and a break above key level 32500. Price has cleared the range as expected and is now trading at key level 33500. The decline of USD and the optimism from the previous FED speeches have caused this rally and almost driven price back to previous highs. This week, our...
Hello traders. I think the Dowjones will move down from the resistance areas identified.