US30 doesn't currently capture my interest due to significant ranging and the build up of liquidity, awaiting a breakout. Once the breakout occurs, whether to the upside or downside, opportunities can be seized. Given the overall bullish sentiment, the demand zone for potential buys holds more appeal. I'll await a downside breakout, fill the imbalance, and then...
Dowjonse moves in a wide range between ( 37782 : 37079) i prefer not to take any orders now untill we see clear trend if it break 37079 and close 4H Candel under this support it will be perfect to take sell order to 35670.00 but if we see it go up and close above 37782 i think it will continue to 41049.00 ( 261.80 % Fibo lvl )
Pair : US30 Index Description : Impulse Correction " ABC " Impulse Completed. Rejecting from the Strong Resistance Level. Completed " 1234 " Impulsive Waves in Short Time Frame. Rising Wedge as an Corrective Pattern in Long Time Frame , Wait for the Proper Rejection / Breakout
I have noticed that the RSI indicator on US30 is at 69.1 and has been consistently decreasing. This indicates that there is a strong possibility that US30 will start to experience a decline in its value. It is not surprising to see this bearish trend, as other commodities have also been showing similar signals. Based on my analysis, I predict that US30 will...
he current situation for US30 lacks interest as price has already cleared a significant portion of the supply, resulting in a bearish move to eliminate remaining trendline liquidity. Currently, I am patiently waiting for a new break of structure to occur and the formation of a fresh supply zone. This will provide an opportunity to initiate sell positions targeting...
This week, my outlook for US30 leans towards a bearish correction downward. Given the recent strong bullish rally, the diminishing bullish pressure indicates a potential retracement to sweep liquidity and address imbalances below. Subsequently, we'll be on the lookout for buying opportunities around the 37500.0 psychological level. The ongoing distribution and...
My bias for this weeks forecast is for US30 to see a temporary bearish move to the downside. As price has now slowed down, it shows that bullish pressure has now become exhausted. To add, we can see there was a clean 4hr supply which has triggered this initial bearish move. Having observed the expected retracement and correction back up to 37500.0, I now...
Here I provide my technical analysis for us30 and I will be looking for an easy and straight forward break and retest for my key levels.
This week's analysis for US30 is distinctly bullish, given its aggressive surge past the all-time highs (ATHs). I believe there's further upside potential, providing traders with opportunities to explore nearby long positions for potential gains. In the provided image, I've identified three potential demand zones where I'll be looking for an accumulation. Among...
The US30 has exhibited a strong upward movement, recently reaching a significant resistance level on both the daily and weekly charts. This video provides a detailed analysis of this trend, meticulously examining price movements and identifying possible trading opportunities by thoroughly assessing multiple timeframes, ranging from weekly to as short as 15...
US30 trading in a range and I will be waiting for a breakout for both sides of the rectangle pattern which is now in play.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Last week's price action exhibited significant ranging, mainly influenced by the proximity to all-time highs (ATHs). My current perspective is that US30 is actively generating liquidity, setting the stage for a bearish reaction once the daily supply is mitigated. This particular supply level holds substantial importance as it is the last on the chart, existing on...
The price is on a ranging mode, as indicated in the chart and we will wait until the index shows an opportunity in trading. Meanwhile, my perspective as for now is that the price might fill in the imbalances caused by the bullish market earlier on and my target would be 35960
Well, the price has broken the resistance zone aggressively, and I anticipate that the price will continue with bearish momentum.
US30 has followed the anticipated trajectory, and I foresee it reaching all-time highs (ATHs) very soon. However, given the recent impulsive upward movement in price, a pullback is likely imminent. This presents an opportunity for us to capitalize on, considering the presence of an 8-hour demand zone where the price could retreat to, regaining bullish momentum for...
The index has been having a strong bull run for the past few weeks, and I am anticipating that the run will continue. According to the client sentiment analysis, it seems most traders are selling this index - 78%, and I am predicting that the price might move in their favor. My entry point is 35400, TP at 35700, and SL at 35250. My target R: R is 1:2 Note -...
My bias for US30 is bullish, hence why we are looking forward to the nearest buy opportunity which will be the 14hr demand below. This zone has caused a BOS to the upside meaning once a correction back down is complete, it will hopefully mitigate our POI where we will be able to enter buy positions. But we must wait for our lower time frame confirmations like...