I have broken down the entire wave structure of the upward impulse which started in October 2022 up to today. The chart is self explanatory and consist of my main wave count of US30 Index. Right now we are starting our Wave C of corrective cycle which is expected to bottom in the given range but the outlook can change depending on the upcoming news.
Lost out on one because of a slight calculation error but every mistake is a gift to be learned. Getting closer to the be all end all strategy ( maybe im delusional, or maybe im o the right track. Used a trend/percentage changes that happens every 3 months to get my fib figures. I only take trades that have one directional bias that last 24hours. Comment your...
a double bottom on 4H time frame with oversold indicators and breaking up it will be interesting when broking the 38% of Fib retracement to continue up tp1 50% of Fib, tp2 61.8% and the Full target at 74%.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis. Press like button if you enjoy this content 😊
breaking the resistance up will be interesting for a buy
us30 downside correction i will looking for sell area
Continuation of my previous trade. Where DJ is trending downwards congesting the support area. Why I entered a short position? Because of the breakout of previous support. Fundamentals are gearing towards bearish due to fear in the Dollar market. Tranche Targets @ 1:1, 1:2 and 1:3.
The fundamentals are leaning towards a bearish DJ30. I have seen a trend line that is slowly creating a pennant. Went conservative with my Stop Loss and will exit the market once the price invalidates my set up as well as the trend line.
The market is still on the range. We are seeing a build up for a breakout in the market , at this moment one should wait for the breakout. The level that I'm looking for the breakout are 33326.9 from the resistance or 32614.3 from the support level.
The market is still moving sideways at this moment. Let us hope you are planning your trade wisely as we know that if you do not have strategy for ranging market you will be playing with fire. As for me I'm waiting for the breakout before I can take any trade.
The price is is currently on the support level. The are 2 possibilities that my take place at the level 1. we may see the price pushing to the upside aiming to reach the resistance or 2. the price may break it and push to the down side as we know that the market is still under the control of the bears.
The US 30 on H1 chart. The movements of the past 4 days. Please follow my another days to see the full analysis.
The price has just retested the level as per the analysis.
The price can still retest level 32760.1 as it was a resistance before it can push to the upside or it may pull back as the higher timeframe indicator that the price is at the confluence zone.
📉 Expecting bearish price action on DOW JONES after price takes out weekly highs + institutional figure 35.000 liquidity making a huge short squeeze. I think the move is very parabolic with a lot of bullish imbalances aka price inefficiency and from there the price could start the selloff, another confluence in this trade is that VIX rejected an important area of...
📉 Expecting bearish price action on DOW JONES as we had a huge parabolic move to the upside and price should make a retracement, we are in a bearish orderblock d1 area + 34.000 as a institutional figure. We can clearly see on the LTF that price is forming lower highs. What do you think ? Where we go next ?
📈 Expecting bullish price action on US30 (DOW JONES) as price takes out weekly lows and rejects a h4 bullish orderblock area + volume profile poc + institutional figure 33.000. We have a lot of liquidity that has been build on the trendline and price should take it ASAP. What do you think ?
US30 hrly long buystop @ 33076 TP #1 @ 33489 78.13% wr TP #2 @ 33751 48.44% wr SL @ swing low 32230.1914.06% hr WR and HR determined from past trades More trades like this on my profile and on Bifrost Trades