US30 The price has breached the pivot line and stabilized below it, indicating a continuation of the bearish trend towards 37620. If a 1-hour or 4-hour candle closes below this level, the bearish trend may extend towards 37120. Therefore, the price is likely to fluctuate between 38065 and 37120 until a breakout occurs. Additionally, today's FED and FOMC...
Executing a Scalping Position on US30, the price initially reached 38570 before experiencing its first retracement. Currently, the price is undergoing a pullback at the 61.8% Fibonacci level, coinciding with a Bearish order block. Our focus lies on anticipating a rejection of this zone and identifying a new CD Leg Fibonacci extension.
Market Update DXY is bullish on the weekly and daily timeframe GOLD is bullish but needs some retracement lower trade safely and apply risk management
After a solid 15 year run the Dow Jones has topped. $39,000 will be followed by the grinding and chopping of the next 3 years. The data forecasts price will settle down to the near $23,720 Level. The Feds response to stabilize this decline is always a factor that cannot be ignored. They can easily print their way into a softer landing. But diving the charge...
The Dow Jones index came under negative pressure yesterday and reached our target of 615 points. Dropping the index up to the 37840 level, stabilizing below this level, increasing negative efforts towards the 37606 level, and staying below this level reaches the 37290 level.The price is currently in the process of correcting to 37840. Stabilization above this...
After some fluctuation, the continuation of the downward trend is expected to form and the support range will be broken. Then it can advance to the next support range. If the stabilization is formed above the current support range, the upward trend will be possible according to the specified path
Today I'm explaining a very simple strategy that I use for trading US30 during the NY session. Basically just wait for the 8:am EST candle to close Once the candle closes, if it's red, you would enter a sell position with a 100 point profit target with a stop loss at 100 points as well. If it's green, enter a long position with a 100 point profit target and 100...
This and NAS100 have a similar path not the same. WEEKLY 40000, the highest price it has peaked at. When it peaks it then drops and goes to fetch support from a previously strong support level. NFP is where we will get our volatility. DAILY We were in an impulsive phase, because we know that the trend is bullish. Just stuck in the ascending channel. 36000 looks...
Hello Everyone, The support structure for US30 on the weekly chart has been resilient, showing strength. A minor downturn is anticipated before resuming the bullish trend. TradeWithTheTrend3344
DXY is on speed. Hence DJI is ready for a cool down. LEt's see how this trade goes..
US30 just grabbed liquidity at 37740 level am expecting a breakouts from that zone till we take out the 37701 then am going in on a long sell till 37001 is completed join and enjoy tell us what you think......?
Hello Traders and Investors, today I will take a look at the Dow Jones. -------- Explanation of my video analysis: There is one major long term pattern which we have been looking at for a very long time - a rising channel formation. Just a couple of months ago the Dow Jones retested the lower support trendline and created a beautiful triangle breakout while...
Last week we got the expected retest of 38600 before failing to break above then returning to the 38000 level. With anticipation for this weeks FED speech and market indecision, we continued the week just ranging between those key levels. Tomorrow the feds will be discussing their stance on inflation and how they choose to respond will impact the current market...
New World Capital - Article 7 FOREXCOM:US30 US30 is at a key level right now after triggering a lot of SL. We broke even on it and are waiting for the next opportunity around $37,000. If not, we will trade the consolidation at $38000 but not hold it for long as price is driven down.
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38150 zone, US30 is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below the 38150 support we will be looking for a potential retrace of the trend towards more lows. Trade safe, Joe.
IDENTIFying levels on us30 - 30 april 2024 waiting for price to reach previous major level , before looking for a selling opportuiniy
US30 BULLISH SETUP ENTRY 1.8 Risk reward setup The insituional smart money concept tactics if you like the trade hit the like button and show some love wish you good luck and good trading