DJI Dow Jones Index, Expecting good Upside.DJI Dow Jones Index, Expecting good Upside. DJI took support from demand zone. made strong pin bar on daily candle. Shall move up from here untill this zone is not broken. Expecting targets of 38500, 39000, 39500, 40000+ View for education only.Longby diliplpUpdated 1
Bullish Long-Term Trend Despite US30 Testing Support LevelsHello Everyone, If the daily support level fails to hold, there's a possibility that US30 might test its weekly support. Nonetheless, the long-term trend continues to favor a bullish outlook. TradeWithTheTrend3344Longby TradeWithTheTrend3344221
US 30 short - swing trade (update)And just like that we got the run on the sellside we were looking for. Entry 38925 TP 38865 SL 38950 We simply followed the market and WAITED for our move to set up. We did trade a bit outside of the 5min inverted FVG but that was acceptable. The LTF buyside got traded through and we directly closed back within the LTF range so it was still a valid trade. Hope some of you guys managed to get onboard or at least learned from this trade. Done trading for today and will keep an eye on how we close later today. 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 Patrick27070
INFLATIONARY MACRO TRENDSThe magnitude of the inflationary spike appears to affect the time in which the market moves sideways and at what magnitude it fluctuates. Market peaks are close before or after inflation WAVE 1. Remember this is a monthly chart, so these things are long pending. It appears that buying liquid assets at or around WAVE 3 is the best entry for a market expansion without experiencing much short-term pain. This trend also follows an economy in which the money supply is ever expanding. If it stopped expanding in the way, it has. This macro trend will correct. However, I highly doubt our politicians will stop printing money. The apparent health of the economy supersedes the true health of the economy in the eyes of the US government. In other words, printer go BRRRR.by rhall64510
US 30 short - swing trade Looking to see how we react to the 5min inverted FVG (red box). IF we fail to close outside of it (clear candle close) I will look to short targeting the sellside liquidity. IF we create new high it will be a breakaway gap for further upside. No need to front run the market...PLAN...WAIT...EXECUTE 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 Patrick27071
US30 Intra-Week Analysis, May 7th 2024Despite the fact the FEDs stance on inflation was that there is more work to be done before seeing any rate cuts, their optimistic tone is why we still saw us30 move bullish and begin trading above 38600. As we approach the 39000 key level it's likely we'll see some resistance and if we fail to break above expect price to retest 38600 before making its way back to 39000 or above.by Itskaleel0
DOW in hourly chartHello 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 Shortby AMA_FX4
Head and shoulders in the DJI? I have somewhat a love/hate relationship with head and shoulders. Gotta love them for the epic and highly forecastable reversal trades they produce. However, they're low win rate. About 1/3 in work. Easy to get false signals on the others because the HS is such an obvious pattern. If this turns out to be one of the successful ones, a mighty dump in the DJI is implied in the somewhat near future. Shortby holeyprofit228
US30 short/// 1 to 15 risk ratio. US30 hit possible top for next few days. 1 to 15 risk to reward ratio. GLShortby krisko3111110
US30 - TUE 7/05/24 - TRADE SETUPAMD setup Price manipulation to the upside. Price is likely to deliver to the downside Target 2R for distribution No data to back up the move Shortby karenzialvin2
US30- Accelerated Motion !It will probably consolidate a little before it wants to go up. It's time to be patient until we find an entry set up :) A little confusion before the glory... The key is in the Momentum! Keep it simple! If you like me, don't forget to follow me !!! ULongby DAISTRUM1
current sitution buy on us30 from price 38866 us30 should hold steady and finish the week someone in 39500 Long02:15by ebernezermahere1
There is a possibility of reducing risk takingThere 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 above the mentioned resistance interval, the price will decrease until the support interval of the bottom of the channel in the range of 38262-38157.Longby arongroups8
US30 (Continuation... Or Yet! )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: 38565 Resistance Prices: 38820, 39050, 39280 Support Prices: 38320, 38065, 37740 The movement range will be between support 38065 and Resistance 38990 previous idea: ULongby SroshMayi3
DOW JONES - DOUBLE BOTTOM 🚀Hi Traders ! On The Daily Time Frame: The US30 Reached a Strong Support Level (37264.94 - 37022.32). The Price Formed a Double Bottom Pattern. At The Moment, The Neckline is Broken ! So, I Expect a Bullish Move 📈 _________ TARGET: 38915.00🎯Longby Hsan_BenhmedUpdated 111136
US30 longsWeekly - Price closed above 38500 region - More upward momentum is expected Daily - Daily targets at -27.2 region at 38950 - Looking for a region to enter 4 H - Price retested 38750 which is a major liquidity region - However momentum is showing that orders are not enough - I am expecting another test of 38750 before I buy to 38950 - However, on the hourly, price seems to be edging to the upside. In my opinion, it is waiting for one of either the London or New York session to go to the upside or go and collect orders at 38750 Thesis - I am sitting on my hands and waiting for a buy opportunityLongby kingmwenja1
us30 current buy this was a 15min move in 1 min , lets see what happens exaptation's for us30 is 40,000 target Long01:00by ebernezermahere2
US30 WANT BULLISH ZONE The US30, also known as the Dow Jones Industrial Average (DJIA), is displaying strong bullish signals, indicating a potential uptrend in its price movement. This bullish sentiment is supported by various technical indicators and market dynamics. Based on the analysis, there is a compelling case for entering a buy position in the US30 index. Traders may consider initiating buy orders with confidence, anticipating further upward movement in the index. Regarding technical targets, two levels have been identified. The primary target is set at 39000.00, followed by a secondary target at 39500.00. These levels represent potential price objectives for the upward movement in the US30 index, based on the analysis of chart patterns, support/resistance levels, and other technical indicators. Traders and investors should closely monitor market conditions and price action, looking for confirmation of the bullish momentum before entering buy positions. Additionally, risk management strategies should be implemented to protect against potential losses in case of unexpected market movements. In summary, the analysis suggests a strong buy trend for the US30 index, with technical targets set at 39000.00 and 39500.00. Traders may consider capitalizing on this bullish momentum, pending confirmation of upward movement in the index.Longby Leo_Trader01Updated 32
US30Trade Looking For Reversal once market Swept Liquidity, Waiting For Confirmation, I am Looking a downside movement as per Price Action... on the lower TF Thank YouShortby AFFINITY_MARKETS1
US 30 - Ranges overview (update)We finally got to the final tp. Price can go wherever it wants from here... we will let it go and we will come back to it tomorrow during the midday/evening again. Hope some of you guys managed to get onboard or at least LEARNED something. 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. Longby Patrick27070
US 30 - Ranges overview (update)Price moving nicely towards the buyside liquidity as we've noted earlier. Entry 38777 TP 38825 SL 38745 Taken some profits and letting the rest ride to my tp. Added the breakaway gap (blue box) for those wondering why I entered around these levels. Wide stops for the trade simply based on the fact that the stops needed to be save so they were resting below the OB. Will see IF we get the full tp and will be done trading for the day. Waiting to see what for market movement we will get tomorrow and for the rest of the week. IF you've started this week with some losses and scratches...forget about it is part of the game and it will help you along the way...IF you've started the week green and feeling euphoric don't let it go to your head it will hurt you on the long run.... 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. Longby Patrick27071
US 30 - Ranges overviewWe've taken the sellside liquidity and currently trading back upwards again. IF we hold the LTF inverted FVG I will look to enter targeting the buyside. IF we fail to hold it expect further pa to the downside. 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. by Patrick27071