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
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...
DXY is on speed. Hence DJI is ready for a cool down. LEt's see how this trade goes..
By examining the trend in the one-hour time frame, the Dow Jones index, having a very important low-level support interval in the range of 38244-38153, can increase to the resistance of the middle level in the range of 38803.
US30 Long Bias Entry: Daily demand Zone Historically April had always been a bullish month for indices. In the past 22+ years, every April was a bullish month for the Dow apart from April 2022. We can expect strength until the end of April. I am personally waiting for this refined zone, NOTE that WEEKLY demand is already mitigated, but i've refined the zone...
There is a possibility of risk reduction in stock indices including Dow Jones By examining the trend in the four-hour time frame, the Dow Jones index is approaching the resistance range of the ceiling of the ascending channel in the range of 39154-39070, and therefore, this scenario is strengthened, provided that no close candle time is recorded. For four hours...
US30 New Forecast The price moved as our previous idea and reached our target perfectly. So now it is possible to do a retest till 38820 and then start a bullish trend toward 39010 and 39075, breaching 39075 means a continuation bullish trend toward 39285 otherwise closing 4h candle under 38820 will move under the bearish effect toward 38660 Pivot line:...
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...
Hello everyone What I am publishing is not so reliable till the confirmation level comes true. But if it follows our counting so you can be prepared for a sell position (Wave (C) intermediate). Thanks
Am wailing to see price go to 39355 then i take my sells and target the 37807 area. currently price is facing the 200 SMa and if price holds there we can see sells happen there towards 37807
As we anticipate a potential continuation of bearish momentum, our analysis incorporates various factors, including structural patterns and key technical indicators. While indicators like the Relative Strength Index (RSI) offer additional confirmation, our primary emphasis remains on comprehensive price action analysis to guide our trading decisions.
Despite the cluttered chart I think we have a Fib confluence area build around two common harmonic patterns - Gartley 222 (Redish area) and the Cypher (Blue area). Whether you sold the 88% retracement ()In the CYpher scenario or the 78% retracement ()the Gartley scenarioI think we have a good scenario for a short trade. Protecting stop at 1 to 1 then and aiming...
It is expected that the upward trend will change the trend in the current resistance range and the beginning of the corrective trend will be formed. Then, within the range of support levels, the uptrend is expected to
Nice in candle range model 4Hour HTF Key level which was FOMC Low has had a slight tap of liquidity swept
I’d like to see us grab liquidity, below the bullish momentum from yesterday’s FOMC session which caused a surge in price on US30, I believe big player will drive price down to grab liquidity. Looking for longs at around 37600-37550
Just like discussed we are currently hunting the sellside so let's see how far we get. Taken a short scalp and out of the market for now and still expecting us to hunt the HTF sellside IF we fail to hold the current lows. Entry 38048 TP 37985 SL 38085 Follow the market and act upon it. Stay safe and never risk more than 1-5% of your capital per trade. The...
New World Capital - Article 8 Another manipulation is about to happen on US30 anytime now. Our bias on it is bullish for the year. However, trends develop in V shaped recoveries. We expect to buy at a lower price around $38,600 - $38,400 FOREXCOM:US30 Buy US30 @$38400 - $38600 TP@ $39100 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+