Here is a quick look into the range I have been trading so far today on US 30. Been taking shorts scalps on the LTF all within the HTF range. I've noted the buyside imbalance and the sellside imbalance (black lines) and these have formed the 'range' so far. Will be looking to see how we play from here until the NY open. IF we fail to create new highs from...
The US30 rose by 425 pip yesterday and is now trading between 39985 and 39869. In my opinion, the price will go down until 39600 as a retest, then start to continue to rise to reach above 39985; thus, any break above this level will touch the new high level. staying under 39869, the retest process will confirm to touch 39600.
Kindly watch the video for a brief analysis of what to expect on US30.
As we mentioned in yesterday's analysis, the price reached 39600 and, for now, will fall to do a retest. Since the market opened, it has been trading favorably and is now trying to do a retest. Also, if it can cross the 39600 level, we will get 39,990. When it starts its correction toward down, it will touch 39425 or 39415.However, if it continues this correction...
Dear colleagues, I believe that the impulse of the senior wave “1” is not yet over. I assume that the correction is now in priority, so 2 variants of events are possible: 1) formation of lower wave “4” and “5” (39863.75), then correction with the aim to reach the area of 38566.67; 2) The correction will start soon without a new high, but in this case we will have...
Hello,Friends! Previous week’s green candle means that for us the US30 pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 33337. ✅LIKE AND COMMENT MY IDEAS✅
Please pay special attention to the accurate trend, and colored levels. Its very sensitive setup, ...............<<<<<<<<<<<<<<<<<<<<<<< Be careful BEST MT
Hi everyone! the markete of US30 is continously down.Now it seems a reversal footprints .Markete accumulated for a long time in 4H chart manipulates and now its time to distrbute. Good Luck Regards,
The US30 index is exhibiting bullish momentum following a break above key resistance levels. This surge is fueled by recent developments highlighted in an article discussing Federal Reserve Chair Jay Powell's measured response to escalating inflation. Unlike previous statements, Powell's composed approach towards inflation, aiming to avoid aggressively targeting a...
One of the key principles of Dow Theory is that indices must confirm each other. Specifically, upward movement in industrials needs to be confirmed by transports. For a trend to be valid, both the DJIA and DJTA should move in the same direction. If both indices are making new highs or new lows simultaneously, it confirms the overall trend (bullish or bearish)....
We got some numbers out today and the markets (US 30 and US 100) pushed higher currently both heading for their HTF buyside liquidity. Will wait and see how we trade from here...not interested in taking any trade yet...WAITING for the market to show me its hand. IF we break through the buyside and hold above expect some higher prices IF we fail to get higher...
A rejection at resistance will open up way to a few shorts positions on the pair
Like, comment and share with your peers! I would be looking for bullish moves on US30 today provided price remains above 39500. 1 hour price bar(candlestick) has closed above a range that started mid NY session yesterday. The range formed shortly after a 211 pips pump. Find my confluences below; ✅Price at psychological level? ✅Has there been a recent...
expecting market correction shortly, as the market has been bullish for so long
CFD trading has a close cousin you may not know about … spread betting. Just like CFD trading, spread betting allows you to speculate on the future direction of a market's price without owning the underlying asset. Key advantages include: Tax efficiency : Profits from spread betting are free from UK Capital Gains Tax*. Similar to CFD trading, there is also...
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” Let’s jump into the Technical Analysis: WEEKLY TEMPLATE (1hr chart): Monday day 1 broke higher the previous HOW, failing the...
AMD setup Price manipulation to the downside The market is likely to deliver to the upside 15:30 - CPI