Retracement to Fall Again/take time Hold ItIts fall again because its major top again retracement area come true, once touch 618 will decided ,we go up ? Tp - 39640Shortby ArtaslamUpdated 7
❌Dow Jones is waiting for price correction❌Considering the divergence in most of the main time frames, it is likely that the Dow Jones index will start a correction in the 1 hour time frame soon. Price targets are indicated on the chart.UShortby AbedEkhlaspoorUpdated 3
Us30 potential long to end the week Nice range to retrace back into the 4hr Order block to take higher Paytience pays Longby Onlypips4xUpdated 113
DJI30 39000 looking weakAs I posted earlier about DJI30. It’s now tested 39000 multiple times and looks extremely weak. A break of this will accelerate a sell off. Look at my previous posts for major levels. THIS IS NOT FINANCIAL ADVICE. Shortby SpaceCadetAcademy1
DOW $16,000 - $DJI Dow Jones Industrial down to $16,000 by 2031Based on my Great Depression Research I think we get a market top +5% - +15% above May 2024. And crash to mean-reversion based on old 1993 - 2018 trading channels which parks us at a 200 weekly bottom of $16,000 on DJI. I am short the market until we prove otherwise. You could replace NASDAQ:NVDA and "Magnificent 7" with NEWCONNECT:RCA and US STEEL from 1929 and the news papers would read exactly the same. They still thought the economy was strong all the way until middle of 1930. There's no way to tell when we are in a great depression bubble that is imploding. The only way to tell is to short the market and if you make money - then we got problems. All my shorts from earlier in May are now max-profit. So I'm adding to shorts. Also all you people who think you're going to be rich; no you're not. You don't know what you're doing. The fact there's so many of you "I'm going to be rich" suckers is why I am bearish. Enjoy your Dow $16,000 suckers.Shortby DarthTrader13572
US 30 short - scalp trade Taken a nice small short scalp on US 30 to finish the week. Entry 39137 TP 39114 SL 39157 Entered on the break of the lows on the 1min targeting the imbalance. As long as we do not break and close above 39195 expect lower pa targeting the HTF sellside sitting around 39030 IF we break above 39195 we will continue higher toward yesterday's buyside liquidity Noted the 15min breaker (blue box) which should be your main point of reference before trying to find entries on the LTF Hope you guys have a great week and made the best out of every single day. Hoping you gained some better insight into your trading and that you've learned more about your system and yourself throughout this week. As always... regardless of your bottom line for the week (ending green or red)... this is just one week in the many more to come in your trading journey...don't fall for the illusion of achievement or failure...we LEARN AND GROW EVERY SINGLE DAY 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
US30Certainly! Let's break down the concept of the 38% retracement into its key components for a clearer understanding: 1. **Fibonacci Retracement Levels:** These are horizontal lines used in technical analysis to identify potential support and resistance levels in a price chart. They are based on ratios derived from the Fibonacci sequence. 2. **The 38% Retracement Level:** Specifically, the 38% retracement level is derived from the Fibonacci ratio of 0.382. It indicates a potential reversal or pause in the price movement within a larger trend. 3. **Application of the 38% Level:** - **Uptrend:** In an uptrend, traders draw the retracement from the low to the high. The 38% retracement level serves as a point where the price might find support during a pullback. - **Downtrend:** Conversely, in a downtrend, the retracement is drawn from the high to the low. Here, the 38% retracement level acts as potential resistance during a rally. 4. **Drawing the Retracement:** - Traders identify the most recent significant high and low points in the price movement. - For an uptrend, the retracement is drawn from the low to the high, while for a downtrend, it's drawn from the high to the low. 5. **Usage of the 38% Level:** - Traders observe how price reacts around the 38% retracement level. If the price bounces off this level and resumes the prevailing trend, it validates the retracement and offers a potential entry point. - It's common to combine the 38% retracement level with other technical indicators for confirmation, such as moving averages or trendlines. 6. **Example Scenarios:** - In an uptrend scenario, if a stock moves from $100 to $150, the 38% retracement of this move would be at $131. Traders might watch for the stock to find support around $131 and consider entering long positions. - In a downtrend scenario, if a stock drops from $150 to $100, the 38% retracement level during a rally would be around $119. Traders might anticipate resistance around $119 and consider shorting opportunities. 7. **Significance:** - The 38% retracement level is significant because it often acts as a key support or resistance level where price reversals may occur. - Traders use this level to make informed decisions regarding entry, exit, and risk management within the context of a larger trend. Understanding the 38% retracement level and its application within Fibonacci retracements can provide traders with valuable insights into potential price movements and opportunities in the financial markets.Shortby B9A-88652-NisarAhmad5
US30USDUS30USD - The Price has given a breakout from Potential Reversal Zone of Bearish Bat Pattern Sellers will remain in control. Before Reversal, we have observed bearish divergence.Shortby mhamzasaeedm3
Us30According to the previous increases, the us30 chart is currently in price correction and it is expected that the price will reach its original position. According to the technical chart, buyers and investors will start buying and the volume of demand will increase, which will increase the price of us30. Longby sashacharkhchianUpdated 3
US30 IS NOW ON BEAR PUTSOrders Placed, no pending, all executed in time before the market made an impulsive move to the down side. Aim for a 50% retest zone, then call for buys on corrections, and sell again on impulsive move targeting PSTG 1 & 2Shortby Themba_PM6
DOW JONES INDEX (US30): Waiting for FOMC Do not forget, traders, that tomorrow we are expecting FOMC. Ahead of these fundamentals, US30 started to consolidate within a narrow intraday range on a 4H time frame. I will wait for its bullish breakout for a strong bullish confirmation. 4H candle close above that will confirm the violation. A bullish continuation will be expected then. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader2213
US30We can attempt to short US30 from specified level as it break HL ,also trading in rising wedge pattern (reversal pattern) , also bearish divergence occur indicate that it moves downward. SL , TP mention in chart.UShortby SignalEdgeUpdated 3
Chance of Recovery in DowThis is a simple long idea for the Dow: We had a heavy sell off today, now the VOLD is building a very clean double bottom. Let's seize the chance for a decent reversal.Longby OchlokratUpdated 3
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!🎯Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk buy zone) spanning from 39013 to 38975. Additionally, medium-risk sell zone between 40050-40090, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Noted between 39013 and 38975, suggesting another area with moderate risk for potential buying positions. Medium-Risk Sell Zone🟠: Noted between 40050 and 40090, suggesting another area with moderate risk for potential selling positions. Bearish Targets📉: 40000: Possible retracement area. 39900: Possible retracement area. 39800: Area with laying low liquidity. Ultimate Target: 39600- Essential Demand Zone Bullish Targets📈: 39300: Possible retracement area. 39560: Possible retracement area. 39700: Possible retracement area. 39850: Possible retracement area. 40100: Area with a lot of liquidity. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.by TTradessss5
US30 H4 Buy SetupMonthly and weekly trends are bullish Price is breaking out H4 cloud Longby Obreezy5Updated 2
US30 bound for more significant GROWTH this year!US30 companies has cooled down a bit this past few weeks -- warranted correction caused by the overheated valuation of the top 30 companies in the US. Based on recent data metrics, it looks like the much needed market hibernation has been factored in already, and its ready to grind again. Upside continuation is to be expected from the current levels of 39000. We maybe seeing new highs again soon as current price movement is already hovering at the peak resistance line -- a thin poke will just squeeze this further up. Most major companies are starting to report rosy figures already which is good for the overall market. Spotted at 39500. TAYOR. Longby JSALUpdated 2
US30US30 Technical analysis in this Analysis we can see some sell level which I shared, watch it carefully and follow price action. Shortby AFFINITY_MARKETS3
Swing watch: Retrace to 50% fib, look for reactionOn the weekly, price seems to be retracing on the daily bullish range. I am waiting for a reaction on the 50% fib to determine if it will reverse to the upside from there or continue lower to take out the weekly FL/sell side liquidity. On the hourly, I am looking price to retrace upside on the bearish range to test 50% fib, for a reaction to continue upside or impulse downside to that daily 50% fib I mentioned earlier.Shortby p31wtrade110
The Mother Of All Shorts Beckons!Markets have topped out after months of belief that the Fed would drop rates. The Fed will NOT drop rates until the economy is in recession and the markets collapsing...that is how they function. An initial selloff into mid April has been met with a weak bounce so far, this is your prime moment to load your shorts and prepare now for the mother of all bear markets. Most do not see the underlying rot and veneer of manipulation, when all else fails, they take us to war...that is their distraction from the truth. God Bless you all and good trading!Shortby Fractal777Updated 323267
US30 (DowJones) - 4H a bearish correctionThe Dow Jones has recently captured liquidity above the previous high, as indicated by the sharp move and subsequent rejection from the highlighted resistance zone. This failure to consolidate above the resistance suggests that the bullish momentum has temporarily exhausted, and we could see a retracement. The price is likely to pull back to the green support zones marked on the chart before attempting another bullish push. Traders should watch for potential buy opportunities at these support levels, anticipating a bounce and continuation of the upward trend after this correction.Shortby Sober_TradingUpdated 24
Dow H6 chartHello every one As we all expected, Dow starts a bullish trend from the first day of the week but we do not know if last week correction finished and what I have counted is correct or it is just wave b intermediate of ABC of wave 2 Primary. Note : There is another scenario that say we are in huge recession and what is happening is internal wave of an ABC cycle (or super-cycle) of a big bearish correction. ( But I do not believe in it). I am sure will face a dark recession in the market but it is nor for now. The worst problem for every trader is living a doubt and hesitation but we should learn it. Time will show us. Thanks Longby AMA_FXUpdated 556
US30 sell confirmation / Double Tophi everyone sell confirmation started safe to trade until hold 40525 Target TP . 39495 TP2. 39015 Maximum 4 week thanksShortby ArtaslamUpdated 9
US30 SELL NOW!!!!!!!!!!US30 Made a new highs today completing my last previous analysis predictions on us30 now price just run liquidity at 39900 am expecting further drops on us30 till 37800 is completed now am looking for bearish moves JOIN AND ENJOY..........Shortby CAPTAINFX216