Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 38550 to 38490. Additionally, medium-risk buy zone between 38630-38570, respectively, are highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified between 38550 and 38490, serving as a low-risk...
Big day today.. NFP day. We have completed the cycle for our bearish idea and we are at a zone where price can move down freely. Check out my previous analysis on US30 to have a clearer understanding of my reasoning. Trade safe and always use proper risk management!
As expected, once we saw price trading below 38800 we got the bearish move to continue down to test the 38500. After seeing a lot of back and fourth movement price came back down to test 38500 again creating a double bottom, which is an indication of a potential reversal which we saw pushing price back to 38800. After the CPI data came out the volatility showed...
Hey Traders today we have on US30 looking for 2H candle it's can be taken rather than manipulate and reflection of us
So we basically using the liquidity ratio of US30 can bullish trend now continue
Hello Fellows!
I hope you are all doing great!
Price action in the DOW has been pretty choppy lately, but after today's CPI release it might go a bit higher on the back of the 'idea' of a rate cut, albeit a poor one.
Currently, we have yet another 'Butterfly' nearing completion, or so it seems. The idea is to go short at the 127.2 extension, roughly 39300...
The initial trade attempt didn't pan out as expected. I'm now initiating my final downward trade before considering a change in my bias. Currently, my strategy still favors short positions unless conditions dictate otherwise. Let's observe how this trade unfolds.
Looking at US30 I was expecting price to reach main supply zone @39050.00 and start to show rejections as I believed the early sell offs were a build up of liquidity. So I was patiently waiting for price to tap into Liquidity and take out these early sellers.
At around 2.30 NYC open volume always comes in and saw price shoot up to 39080.00 where I manually...
I anticipate further downward pressure on prices, potentially breaking through previous lows. Please note that the chart provided is not intended as financial advice, but rather reflects my personal analysis and expectations. Following the recent CPI news, there was a deceptive upward movement, which I interpret as an opportunity for selling. With buying volume...
V1 - CPI data is coming soon, so be careful. I am predicting a buy coming, but depending on the CPI data it can retrace down to the red zone before going up. The market is overall bullish even though the recent pattern has been bearish. the Structure I provided you all from last week is still holding strong. Even if price retraces to the RED zone, I will take a...
The focus today will be the Consumer Price Index (CPI), a market-moving inflation report from the United States. I am expecting high volatility.
Although the data is unpredictable, we can sometimes gain a bias from chart analysis. It would be wise to look at DXY (the USD Index).
DXY (USD Index) - buyers returned close to the 61.8% retracement level of 101.92....
We had 2 successful prediction for this index previously.
Technical always remains bearish and could be to target more demand liquidity.
Price did reach all time high, so we could definitely be expecting a correction.
Weekly candle just broke previous low --> this could mean a long term bearish view.
And considering the fundamental facts, I believe price could...
*THIS TRADE IS AN UPDATED VERSION OF THE PREVIOUS IDEA ON US30.
In the last post we had a very successful sniper entry. The setup however was not well predicted but our selling zones were respected !!
Technical is very strong for a bearish view ! --> triangle
Expecting a break of the triangle !
Target is the green circle !
Make sure to keep following for updates !!
In this project all elements are projected as potential support/resistance zones. The snapshot was created taking into account multiple scenarios that might unfold, while trying to catch at least one big turnaround event at one of the shapes, regardless of the path of the price.
The main scenario would be a pivot point at the green rectangle. A more bold...
