In the direction of analysisThe analysis is following well, on this downward trend line, you can take a TB position and the goal is the low weekly floor .Shortby ehsan_13510
Us30 possible sellUsing a break and retest strategy with price action analysis for us30 involves identifying key support and resistance levels and then waiting for the price to break through these levels before entering trades on the subsequent retest.Shortby thulasizwephetha230
US30 US30 is showing Bearish divergence at DOUBLE TOP Pattern place a sell at 39745 as it breached its Last HL plus Trendline and double top neckline UShortby Trade_WithOsamaUpdated 2
DOW JONES - ShortHigher for longer rates making it difficult to raise the index even as NASDAQ and SP500 are shooting up. Apple's recent bull run has proven quite powerful, yet it hasn't been felt on the DJ. On the technical side we have a beautiful H&S pattern. Looking to see if it'll play out.Shortby thelifeIlead_0
US 30 short - scalp trade Taken a nice a short scalp in US 30 Entry 38690 TP 38550 SL 38609 Entries and targets are all based on LTF FVG's and imbalance. Targeted the overall 15min sellside. We have even more confluence with the 15min imbalance. Will be interesting to see how we trade from here. Keep an eye on the FVG resting around 38630 Will keep an eye on the chart and will be back to it when we get the NY open. Trust your system and FOLLOW the HTF market ranges and structure. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.Shortby Patrick2707220
Idea on DOWJONES / US30 next market movementsYesterday was the CPI and FOMC saw the market strongly make a bearish movement, which in my engulfing show that the market will continue bearish. However, when looking to the left the price reaches on my target price to make a upward movements, but it will be confirmed after the H1 candle closed. Waiting for the price reaction. The reason is D1, H4, H1. Only pure engulfing.by Zamani940
US30Detailed Analysis of Dow Jones Industrial Average (DJIA) on 1-Hour Chart Indicators Used: • Moving Averages (MAs) • Bollinger Bands • Support and Resistance Levels • MACD (Moving Average Convergence Divergence) • Stochastic Oscillator • Volume Technical Analysis: 1. Moving Averages: • Short-term (Red) and Long-term (Green) MAs: The price is currently below both the short-term and long-term moving averages, indicating a bearish trend. • Price Action: The price has shown resistance at the moving averages, confirming the bearish outlook. 2. Bollinger Bands: • Band Width: The bands are widening, indicating increased volatility. • Price Position: The price is near the lower band, suggesting bearish momentum. 3. Support and Resistance Levels: • Immediate Resistance: Around 39,000, aligning with recent highs. • Immediate Support: Around 38,500, which aligns with previous lows and a key support level. 4. MACD: • Histogram and Signal Line: The MACD histogram is showing negative values, and the MACD line is below the signal line, confirming bearish momentum. 5. Stochastic Oscillator: • Current Reading: The Stochastic Oscillator is in the oversold territory but not yet at extreme levels, suggesting potential for further downside before a possible bounce. 6. Volume: • Recent Activity: Volume spikes during price drops suggest strong selling pressure, reinforcing the bearish outlook. Observations: • Bearish Momentum: Indicators collectively suggest bearish momentum, with price below the moving averages and the MACD indicating negative momentum. • Support Test: The support level at 38,500 is critical. A break below this could accelerate the downtrend. Best Trade Opportunity: Trade Setup: • Entry Point (Short): Consider entering a short position if the price breaks and sustains below the support level at 38,500. • Confirmation: Look for confirmation with continued bearish signals in the MACD and Stochastic Oscillator. • Stop Loss: Set a stop loss above the immediate resistance level at 39,000 to minimize potential losses. • Target: Aim for a target around the next support level at 38,000. Alternative Long Trade Setup: • Entry Point (Long): Consider entering a long position if the price holds above the support level at 38,500 and shows bullish reversal signals. • Confirmation: Look for a bullish crossover in the MACD and Stochastic Oscillator exiting oversold territory. • Stop Loss: Set a stop loss below the support level at 38,400. • Target: Aim for a target around the resistance level at 39,000. Confidence in the Trade: Confidence Factors: • Technical Confirmation: Multiple indicators aligning with the bearish trend provide confidence in the short trade setup. • Support and Resistance: Clearly defined support and resistance levels provide a reliable framework for trade planning. • Volume: Strong selling pressure indicated by volume spikes adds weight to the bearish sentiment. Factors to Monitor: • Market News: Keep an eye on any significant news or events that might affect the DJIA, as they can quickly change the market sentiment. • Volume: Continued observation of volume trends for confirmation of price movements is essential. Summary: • Primary Trade: Short position below 38,500 with a target of 38,000. • Alternative Trade: Long position above 38,500 with a target of 39,000. • Confidence Level: Moderate to high for the short trade setup, given the strong bearish indicators and selling pressure. Monitor for confirmation before entering Shortby KironKavanagh0
WALL STREETAfter a successful rally to the upside, the volatile index is experiencing a difficult time continuing its rally upwards. Encountering a minor psychological level, price is bound to be repelled towards a bearish direction as it confluences with a mitigation level. Remember even if price doesn't go your way, NEVER STOP TRUSTING YOUR SETUP.Shortby Iron-DUpdated 115
US 30 short - scalp trade Taken a short scalp on US 30 based on the 4H OB we noted as point of interest. Entered on the 1min FVG targeting the 1min imbalance. Entry 38836 TP 38785 SL 38854 Looking to see IF we continue lower from here based on the HTF ranges. PLAN...BE PATIENT AND EXECUTE Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick27071
US 30 - Ranges overview We got some numbers out today (US Consumer prices). As you can see we aggressively traded through the buyside we discussed yesterday. No need to chase the market …the day is still young. Let the market show you its hand and FOLLOW IT Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. by Patrick27070
Dow Jones sell chance Us30 looking for sell side chance ... if breaked and stay next 12hrs ...the pump will be massive...Shortby DNA_Trader_Officials0
Dow Jones sell chance Us30 looking for sell side chance ... if breaked and stay next 12hrs ...the pump will be massive...Shortby DNA_Trader_Officials0
US 30 short - scalp tradeWe've taken the HTF sellside and traded to the FVG (yellow box) Taken a short scalp on US from 38600 targeting the 5min imbalance Entry 38600 TP 38576 SL 38610 As long as we don't close above 38610 expect further prices to the lower side. IF we break 38610 we will head back towards the buyside. Follow the market and its ranges. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.Shortby Patrick2707220
US30 - New Analysis My previous analysis worked out perfectly with both entry point and target. Here is my new US30 analysis? Analysis of Dow Jones Industrial Average Index on 15-Minute Chart Indicators Used: • Moving Averages (MAs) • Bollinger Bands • Support and Resistance Levels • MACD (Moving Average Convergence Divergence) • Stochastic Oscillator • Volume Technical Analysis: 1. Moving Averages: • Short-term (Red) and Long-term (Green) MAs: The short-term MA is below the long-term MA, indicating a bearish trend. The price is currently below both MAs, suggesting continued downward pressure. • Price Action: The price is moving towards the short-term MA, which may act as resistance. 2. Bollinger Bands: • Band Width: The bands are moderately wide, indicating moderate volatility. The price is near the lower band, suggesting potential oversold conditions. • Price Position: The price is near the lower band, indicating downward pressure but also a potential for a bounce back towards the middle band. 3. Support and Resistance Levels: • Immediate Resistance: Around 38,700 to 38,750, which has acted as resistance recently. • Immediate Support: Around 38,500, which is a key level to watch for a potential bounce. 4. MACD: • Histogram and Signal Line: The MACD histogram shows bearish momentum, and the MACD line is below the signal line, indicating continued downward pressure. 5. Stochastic Oscillator: • Current Reading: The Stochastic Oscillator is moving upwards from the oversold region, indicating decreasing bearish momentum and potential for a short-term reversal. 6. Volume: • Recent Activity: There is a slight increase in volume during the recent price movement, indicating some buying interest at lower levels. Observations: • Bearish Trend: Indicators suggest that the price is currently in a bearish trend, with potential for a further downward movement. • Support Test: The price is testing the support level around 38,500, which will be crucial in determining the next move. • Mixed Signals: While the MACD suggests continued bearish momentum, the Stochastic Oscillator indicates potential for a short-term reversal from the oversold region. Best Trade Opportunity: Trade Setup: • Entry Point (Short): Consider entering a short position if the price fails to break above the resistance level at 38,700 and shows continued bearish momentum. • Confirmation: Look for the price to stay below 38,700 with continued bearish signals in the MACD and Stochastic Oscillator. • Stop Loss: Set a stop loss above the resistance level at 38,750 to minimize potential losses. • Target: Aim for a target around the next significant support level at 38,300. Alternative Long Trade Setup: • Entry Point (Long): Consider entering a long position if the price sustains above the support level at 38,500 with confirmation of bullish signals. • Confirmation: Look for sustained movement above 38,500 and a bullish crossover in the Stochastic Oscillator. • Stop Loss: Set a stop loss below the support level at 38,500. • Target: Aim for a target around the recent resistance level at 38,800. Confidence in the Trade: Confidence Factors: • Technical Confirmation: Multiple indicators suggest a potential bearish momentum, providing a structured trade setup. • Support and Resistance: Clearly defined support and resistance levels provide a reliable framework for trade planning. • Volume: Moderate volume during the recent price movement adds validity to the potential bearish continuation. Factors to Monitor: • Market News: Keep an eye on any significant economic news or events that might affect the Dow Jones Industrial Average Index, such as earnings reports or economic data releases. • Volume: Watch for sustained volume on the breakout for added confirmation of the trade direction. Summary: • Primary Trade: Short position below 38,700 with a target of 38,300. • Alternative Trade: Long position above 38,500 with a target of 38,800. • Confidence Level: Moderate, given the mixed signals and current bearish phase. Monitor the indicators closely for confirmation before entering the trade. by KironKavanagh0
US30 Reversal Trade Setup: Breakout StrategyMarket Analysis and Trade Plan US30 has been in a downtrend, but we are identifying a potential reversal setup with a breakout above the descending trendline. Here’s the detailed trade plan: Entry: Look for a breakout above the descending trendline. Confirmation of entry with a strong bullish candle closing above the resistance zone. Stop Loss: Place the stop loss just below the previous swing low, as indicated in the chart. Take Profit: The target is set at the next significant resistance level around 38,920, where the previous high is located.Longby AdilTrader10
US30 ( DOWNWARD PRESSURE )US30 Tendency the price is a short pressure in 39,010 Turning level : The turning level in 39,010 , so as long as the price under this level, there will be a bearish trend , resistance level : breaking turning level in 39,010 , the price will rise to 39,430 and 39,904 support level : trade under 39,010 , the price will reach the support level of 38,564 and 38,281 corrective level : price will attempt in 39,010 , correct itself before decline UShortby ArinaKarayiUpdated 2
US30 on pullbackI will try to get en entry at around 38.762 when it comes back down. I am expecting a smaller pullback until the pre opening of NY.DLongby UnderlayerUpdated 0
DJ30 FORECASTBased on the OANDA:US30USD chart, the price at 38790.0 is above the pivot point of 38753, indicating a bullish sentiment. If the price stays above this pivot, it could move towards Bullish levels at 38906 and 39022. Conversely, if it drops below the pivot point, it could target Bearish levels at 38637 and 38484. The current bias is bullish, but close monitoring around the pivot point is essential to confirm the market direction. Key Levels: Bullish Lines: 38818, 38906, 39022, 39165 Pivot Line: 38753 Bearish Line: 38637, 38484, 38279by RojBarwari1
Us30 accurate analysis Us30 looking for another pushup Overall trend buy, triangle breakout happened On 30 mins time frame W pattern formed Longby DNA_Trader_Officials0
US30 ANALYSIS (LONG) [W/B 10/06]US30 has been quite bullish recently. I believe that it will look to reach the supply zone of around 39270. Price will reach the most recent demand zone first before looking to go bullish towards supply. Good luck!ULongby saintprincevvs114
US 30 PLAN If we close yesterday's low and deep for the week. I'll be waiting to catch buys coming back up while scalping on the way down to the next major support. Shooting to swing to the next ATH. by Amezee0