US30 LONGLooking for US30 to continue its upwards trend once it successfully breaks and retests the ascending triangle it has printed. I believe we are headed back to 40k Longby BlackSheepFinancial11
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
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 ( 4H ) ( BEARISH PRESSURE )US30 Tendency the price is a short pressure in 39,120 Turning level : The turning level in 39,120 , so as long as the price under this level, there will be a bearish trend , but braking in 39,120 , the price comes bullish pressure resistance level : breaking turning level in 39,120 , the price will rise to 39,500 and 39,904 support level : trade under 39,120, the price will reach the support level of 38,564 and 38,281 corrective level : price will attempt in 39,120 , correct itself before decline UShortby ArinaKarayi445
DOW JONES INDEX│ US30 │ PRE-CPI ANALYSIS │ 11 JUNE 2024 - Daily timeframe Finding it very difficult to build a solid bias if I am honest. North of current price action, lies imbalance in the form of fair value gaps and south of current price action resides a ton of clearly visible lows where sell side liquidity is accumulated. - Bullish Scenario A case can be made for bullish price action on the basis that we just retraced after taking old high liquidity, as annotated on this chart - Bearish Scenario A case can also be made for bearish price action when taking into consideration the delivery from the old high all the way to current price action. But if you look close enough you will realize we are just in an expanded range. My solution in times like this is to just trade what the session/day is doing, not holding trades over an extended period. - Four-hour timeframe We tapped into a bullish fair value gap and also took out some sell side liquidity along with it so this bullish price action we are seeing now is to be expected. - 15-minute timeframe Testament to what you are seeing on the current four candle is the 15-minute bos/choch whatever you want to label it as. We also took out the sell side liquidity from the Asian range so it only makes sense that we at least head for the buy side liquidity, which coincidently is also relative equal highs ©FonosFx, 2024. by Austin_Palmer2
US Indices Weekly Forecast: Top Trading Strategies Revealed!Greetings, Traders! Brief Description🖊️: Join me in this video as we analyze what to anticipate this week on the indices US500, US100, and US30. We'll delve deeper into US30 to understand today's trading opportunities. We will explore various ICT concepts, including draw on liquidity, fair valuation, order blocks, and most importantly, Smart Money Technique (SMT) and engineering liquidity, where smart money uses retail patterns such as trendlines, support, and resistance to trap traders into making investments. Things We Will Cover👀: ICT Concepts🧠: Smart Money Technique (SMT): Study and analysis of correlated assets. Draw on Liquidity💧 : Understanding how liquidity is targeted and manipulated. Fair Valuation📊 : Assessing the true value of price levels. Fair Value Gaps : How to choose high-probability FVGs. Order Blocks📦 : Identifying high-probability order blocks. Engineering Liquidity 🔄: Analyzing how smart money uses retail patterns to manipulate market movements. Trading Opportunities📉📈: Potential Price Movements: Providing a comprehensive outlook on possible market shifts. Strategies for the Week : Uncovering strategies that could make this week profitable. If you'd like to further understand how to use SMT, please follow the link below. Happy Trading, The_ArchitectShort28:25by The_Archi-tect228
US30 SELL NOW!!!!!!!!!!US30 took out the buy side liquidity we had a retracement from the fvg zone now price is heading towards to create a new lows and run liquidity below 38000 level am in on a short Also look out for more sells this ny sessions JOIN AND ENJOY Dont forget to tell us your take on US30Shortby CAPTAINFX29
correction It is expected that the continuation of the corrective trend will be formed until the previous bottom range, then the start of the upward trend will be possible. If the 78.6% level is broken, the correction process will continueShortby STPFOREX1
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
US30 (Consolidation Zone )Technical Analysis The price is expected to consolidate between 38,790 and 38,580 until a breakout occurs. The bullish pressure remains, especially if the price can break above 38,790, indicating a move towards 39,050. Bullish Scenario: Stability above 38,790 will initiate a bullish trend, targeting 39,050. Breaking this level could lead to further gains, reaching up to 39,350. Bearish Scenario: If the price breaks below the support level at 38,580, it could decline to 38,400. Sustained trading below this level may result in a further drop to 38,050. Key Levels: - Pivot Line: 38,790 - Resistance Levels: 39,050, 39,350, 39,700 - Support Levels: 38,580, 38,400, 38,290 Today's Expected Range: The price is expected to move between the support level at 38,580 and the resistance level at 39,050. by SroshMayi5
US30 WEEKLY ANALYSISHello traders here is a setup of US3O as you can see the price has been bullish for the past months and now it has created a bearish flag pattern that signals a bearish reversal you can see also the price has also been respecting the trend lines and it has shown bearish rejection last week. I entered a bearish trade when the price showed me a rejection and now I am waiting for it to drop.Shortby dlaminisya1
US30: Elliott Wave AnalysisDetails: Wave 2 purple (Cycle Degree) has been completed at 38019.06 as Running Flat and get ready to move up to Wave 3 (Cycle Degree). Now price has been completed Wave 1 blue (Intermediate Degree) as Leading Diagonal and declined to Wave 2 blue as the expect target at Fibonacci Level (0.50-0.786) Invalidation Point: 38019.06 Trading Opportunity: Wait for Wave 2 blue (Intermediate Degree) complete as the expect target above mentions.by tadchai5
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!Trade Update: US30 We have some great news on our recent US30 trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 1 (TP1). This made sure that the majority of our positions have been secured and cashed out some of our gains, allowing us to lock in profits and reduce risk. Following this, we moved our stop loss to breakeven to ensure no loss on the remaining position. This strategy not only protects our capital but also gives us the opportunity to capture further potential gains with zero risk on the table and cashing out on TP2s and TP3s. Stay tuned for more updates and happy trading! 🚀by TTradessss6
Long DowI think its fair to assume that it is a good time to try to buy into DOW given the declineLongby ScienceBasedTradingUpdated 6
Dow Jones buyUs30 buy side momentum continuation overall structure represents long side Lets move buy side 🤪 Trail SL every 30 pips 1:2 RRLongby DNA_Trader_Officials2
US 30 Sell idea.US30- Dow Jones. As per my analysis. its seems US30 is going to mitigate FVG residing around 37000-36500 region and from there it could be potential longs.Shortby HamzaGillani3
Dow JonesOverview The chart for the Dow Jones Industrial Average (DJIA) on the 1-hour timeframe shows notable movements with the price interacting with key Fibonacci levels, support, and resistance zones. The indicators used include Moving Averages, Bollinger Bands, Commodity Channel Index (CCI), MACD, Stochastic Oscillator, and Support and Resistance levels. Key Observations 1. Moving Averages (200 MA and 50 MA): • 200 MA (Green Line): The price is currently above the 200 MA, indicating a bullish long-term trend. • 50 MA (Red Line): The price is also above the 50 MA, suggesting short-term bullish sentiment but with potential for correction as the price recently broke below it. 2. Bollinger Bands: • The price is near the lower Bollinger Band, indicating potential oversold conditions in the short term. This often suggests a potential for a mean reversion back to the middle band (20 MA). 3. Commodity Channel Index (CCI): • The CCI is likely below -100, indicating oversold conditions. This suggests a potential for a short-term rebound or consolidation. 4. MACD (Moving Average Convergence Divergence): • The MACD line is below the signal line, and the histogram is showing negative values, indicating bearish momentum. 5. Stochastic Oscillator: • The Stochastic Oscillator is below 20, indicating oversold conditions. This suggests that a rebound may be imminent. 6. Fibonacci Retracement Levels: • Key Fibonacci levels are plotted from the recent low at 38,366 to the recent high at 39,115.4. • 0.236 (38,880.8), 0.382 (38,703.9), 0.5 (38,576.0), 0.618 (38,448.7), 0.786 (38,267.4) 7. Support and Resistance Levels: • Resistance Zones: Significant resistance is seen around 39,115 and higher. • Support Zones: The recent low at 38,366 and significant Fibonacci levels act as support. Comprehensive Technical Analysis 1. Current Trend: • The long-term trend remains bullish as the price is above the 200 MA. However, the short-term trend shows potential bearish corrections as indicated by the break below the 50 MA. 2. Oversold Conditions: • The CCI below -100, the Stochastic Oscillator below 20, and the price position near the lower Bollinger Band indicate that the market is currently oversold. This suggests a potential for a short-term rebound or consolidation. 3. Volume: • Increased volume during the recent decline indicates strong selling pressure, but this could also lead to short-term exhaustion, potentially triggering a rebound. 4. Key Support and Resistance Levels: • Resistance: Significant resistance levels are at 39,115 and above. • Support: The recent low at 38,366 and Fibonacci levels (38,880, 38,703, 38,576, 38,448, 38,267) act as support. 5. Momentum Analysis: • The MACD indicates bearish momentum, but the oversold conditions in the CCI and Stochastic suggest this might not last long without a correction. Best Trade Opportunity Given the current market conditions, the best trade opportunity appears to be a short-term buy trade to take advantage of the oversold conditions and potential for a rebound. Trade Setup: • Buy Level: Around 38,791 (current level near the 0.236 Fibonacci level and lower Bollinger Band) • Stop Loss: Below 38,576 (to account for potential further downside, just below the 0.5 Fibonacci level) • Take Profit: • First target: 39,115 (recent high) • Second target: 39,200 (above significant resistance level) Trade Rationale: • Oversold Indicators: The Stochastic Oscillator and CCI both suggest that the market is oversold and due for a potential rebound. • Fibonacci Support: The price near the 0.236 Fibonacci level indicates potential support. • Risk-Reward Ratio: Entering a buy position near 38,791 offers a favorable risk-reward ratio, especially with a tight stop loss below the 0.5 Fibonacci level. • Volume Consideration: Increased volume during the recent decline indicates potential exhaustion, which might lead to a short-term rebound. Summary • Buy Opportunity: Enter at 38,791 with a stop loss below 38,576. • Targets: 39,115 (first target) and 39,200 (second target). • Rationale: The market shows potential for a rebound given the oversold conditions indicated by the Stochastic Oscillator, CCI, and support around the Fibonacci levels. by KironKavanagh2
US30 ( UPWARD)US30 Tendency the price is a long pressure in between 38,680 and 38,560 Turning level : The turning level between 38,680 and 38,560 so as long as the price above this level, there will be a bullish trend , but braking 38,569 , the price comes downward pressure resistance level : trade above turning level between 38,680 and 38,560 , the price will rise to 39,015 and 39,185 support level : braking a turning level 38,560, the price will reach the support level of 38,280 and 37,940 corrective level : price will attempt between 38,680 and 38,560 , correct itself before long ULongby ArinaKarayi2
DJ30 New Key Levels Trend AnalysisWhen you look at the daily range on DJ30 you can see that those zones ( horizontal blue) do not offer clean entries, because they are being honored. But we get a clear direction and momentum and even though there is no clear RSI value, instead we have much volatility and a diagonal trendline being supported various times. The less distant it bounces from the trendline, the weaker it gets. Pay attention to the new trendline that has been created. It might not be very accurate yet, because we have little data. But this is how it could possibly look like if this continues to drop...DShortby Underlayer1
US30US30 is looking in Bearish Trend as it is printing HH and HL Order type : Buy stop Entry : 38574.62 SL : 38233.57 TP1 : 39456.99Longby SohailChaudharyUpdated 7
US30 CONTINUATION Let's not get too eagar I have two positions in, no stop loss. Us30 can easily hunt your sl from 500 points away. Think long term only enter after retracements. The idea can still fail..Longby la_benz2
US30 (Sensitive movements)Technical Analysis The price movement will be influenced by the Non-Farm Payroll (NFP) and Unemployment rates. Based on current expectations, the price is likely to exhibit a downtrend, though the market may experience random fluctuations. There is a possibility for a retest up to 38,790, followed by an upward push towards 39,050. Bearish Scenario: If the price breaks below the support level at 38790, it could decline to 38580. Sustained trading below this level may lead to a further drop to 38400. Bullish Scenario: Stability above 38,790 indicates a potential bullish trend, targeting 39,050. Pivot Line: 38790 Resistance Levels: 39050, 39350, 39700 Support Levels: 38580, 38400, 38290 Today's expected movement range is between the support level at 38400 and the resistance level at 39350 Summary: Downtrend Expected: Market influenced by NFP and Unemployment rates. Potential Retest: Price may rise to 38,790. Upward Movement : Post-retest, the price could push up to 39,050. previous idea: Shortby SroshMayi3
US30 PredictionBeginning with our weekly timeframe, we have seen that US30 has twice struck a zone of strong resistance. US30 hit an all-time high of 39,984.1 on April 1, 2024. On Monday, May 20, 2024, that level was again hit, forming a double top and, in accordance with our trendline, a resistance level. The market subsequently dropped right away to the zone 38,023.1, which was a solid area of support. We are now in a bullish rise that I believe will retrace to about 39,007.1. At that point, I will open a sell position and aim to capture my profits at the levels listed below. TP1: 38,799.2 TP2: 38,348.6 TP3: 38,017.5 TP4: 37,673.3 TP5: 37,282.4 Moreover, if the forex gods are insane TP6: 36,026.4 I appreciate you viewing my analysis. Any and all criticism is appreciated.Short08:07by thobanizumaUpdated 7