Looking at the double top from the chart, you can see the divergence from the bearish, although the late entry, there are still good short opportunities. Maybe we should take this chance
According to the downward trend of the Dow Jones, we are still waiting for correction from the specified point
Considering the reaction of the index in the support range, it is expected that the upward trend will advance to the resistance range and even the resistance levels. After the possible upward wave, the continuation of the downward trend is expected
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✅
Pair : US30 Dow Jones Description : Double Top in Short Time Frame Completed " 12345 " Impulsive Waves Fibonacci Level - 261.2% RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
Bullish indications: Resistance broken at 38227 Inverted head and shoulder pattern broken. trend line resistance broken. Made a new high possible change of trend. Bullish divergence in 4 hr time frame. Trade plan bias long @ 38247 SL:37953 TP1:38550 TP2:38826
Dear colleagues, I believe that wave "4" is not yet completed. To complete it, it is necessary to complete the double zig-zag. I expect that the movement "c" will end in the area of 37350, then I expect growth and the beginning of wave "5" with the goal to reach at least the resistance area of 38458. Be careful, perhaps wave "c" will be a bit shorter and it will...
This index has formed a doji candle, which might be an indicator of an indecision in the market. I anticipate that the market might retest the resistance at 40,000 based on the fact that sentiment is bearish on this trade. Entry point at 38150, TP at 40050 ,and SL at 37200 as my R : R is 1: 2. Kindly remember to risk 1 - 3 % of your account.
US30 - LONG us30 looks like gonna go up to any of the red line and if we get any sell setup we we can sell again, this week im expecting up move. risk small and use Stop Lost.
Wait for breakout then sell Dont over complicate things Money money money
New World Capital - Article 5 FOREXCOM:US30 More liquidity is being grabbed on US30 as well. When a breakout is about to happen, it is more often than not preceded by fakeouts. If all the conditions are met in this session, we will observe a breakout of US30 past the $38,000 - $38,200 zone and see new horizons around $38,500 and beyond. It is not a matter...
Rounded Bottom or Cup & handle Bullish pattern formation Higher High Higher Low swings RSI > 60 Target 1 = 38750 Target 2 = 39050
Monthly and weekly trends are bullish Price is breaking out H4 cloud
On Friday the US indices closed mixed with the Dow Jones up +0.56%, and Nasdaq and S&P500 up -2.05% and -0.88% respectively. This is a result of their lower exposure to BigTech, the dangers of inflation on the dollar and US consumer price data their favorite inflation indicator. This week we have as key data releases from the Tech sector that will emerge this week...
what would your analysis be based on the current price movement?
Bullish range , possible entries to scalp, anticipating price to move in premium on HTF
due to on going conflict and certain a.i running things to the upside for me on us30
US30 can do a small retracement but pair remains bearish we loook forwarding to shorting the pair in the weeks ahead