US30 - FRI 10 MAY 24 - TRADE SETUPAMD Setup Price manipulation to the upside. The market is likely to deliver to the downside. Target 2R for distribution 17:00 - Prelim UoM Consumer SentimentShortby karenzialvin3
US30 rise ahead of data, speeches from Fed officialsAhead of data releases and speeches from Federal Reserve officials, the price has risen. The Dow Jones maintains its bullish momentum, targeting a rise to 39610, with the potential to extend gains to 39850 should it surpass this threshold. Should the price stabilize below 39465, it is expected to decline to 39320, and a breach of this level could lead to further downward movement towards 39075. Pivot line: 39470 Resistance Prices: 39610, 39850, 39970 Support Prices: 39290, 39075, 38820 The movement range will be between support 39280 and Resistance 39855Uby SroshMayi6
US30 Market Movement Analysis and Risk AdvisoryAnalysis: The US30 index is expected to find some support at its current price before potentially ascending to test the resistance levels between 39,730 and 39,750. This range presents a strong opportunity to consider closing any buy trades. Disclaimer: Please note that this analysis does not constitute financial advice. It is merely a market projection based on current trends and data. Financial markets are inherently volatile and can move in unpredictable ways. Investors are advised to manage risk accordingly and make investment decisions based on their own due diligence.Longby mdrvision0
uptrend The uptrend is expected to continue up to the specified resistance levels, then a reversal is expected to form and we will see the beginning of the downtrendby STPFOREX1
US30 trade idea Waiting for a clear sweep of liquidity above 39065. With this sweep, we can see big bearish moves from there or a continuation of the bulls. I would personally like to see the market reach 39200or slightly higher around 39400 before the bears move. by OneSidedFXUpdated 1
US30 - BUY THE DIPS - WITH RULESBuying the dip is not always the best advise.... But buying the dip when the rules are met - that is what and when it gets you paid. Longby InForMe_Analysts0
Analysis of US30 MovementThe US30 appears to be stabilizing at its current price level, which could be indicative of a potential uptrend in the near term. There is an expectation that it may rise to test resistance levels between 430 and 450. Should it reach this range, it would be a prudent point to consider closing any existing buy trades. Disclaimer Please note that this analysis is merely a perspective and not professional financial advice. The financial markets are inherently volatile and can move in unpredictable ways. As such, it is crucial to manage risks effectively and make informed decisions based on comprehensive market analysis and personal financial circumstances.Longby mdrvisionUpdated 115
May 8, 2024 US30 Fibs On this chart i have the retracmetn laid out and also the next targets if the market wants to push higher. possible short at 39400 for 200-300 point move overall the trend is currnely bullish by cerquoneg0
US30 Long NYSE Open- 09 May 2024If price breaks above the current 30 mins bar high, we may see a massive pump on this pair. Hopefully NYSE volume would play an important role here. Warning: trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings See my signature below or visit my profile for more detailsLongby Kingsley_lotannaUpdated 335
US30 @ BUYING, Breakout Resistance Level Upward Trajectory!🚀📈 US30 Market Update: Bullish Breakout and Upward Trajectory! 🚀 CAPITALCOM:US30 Exciting developments in the US30 as we witness a significant breakout from the previous downtrend, moving past key resistance zones and gearing up for further upward movement. Here's a comprehensive analysis of the current market situation and the opportunities it presents: Current Market Dynamics - Breakout Confirmation: The US30 has successfully breached the resistance, signaling strong bullish momentum. EMA Crossover: The occurrence of a golden crossover between the 50EMA and 200EMA supports the bullish sentiment, indicating a potential long-term uptrend. - Volume Analysis: Increased buying volume accompanying the breakout further confirms buyer dominance in the market. Technical Levels to Watch -Immediate Resistance Levels: -First Target: 39000 -Second Target: 40000 These levels represent technical resistance where the price may face hurdles. Traders should monitor these zones as potential profit-taking areas or points to reassess the market's strength. Trading Strategy -Entry Point: With the breakout confirmed and supported by strong indicators, entering long positions on minor pullbacks could provide a favorable risk-reward setup. -Stop Loss Placement: Consider setting stop losses below the most recent swing low or beneath a significant moving average to protect against potential reversals. -Profit Targets: Plan to take partial profits at 39000 and adjust stop losses to break-even or into profit, depending on market conditions. Extend targets to 40000 if the momentum continues. Risk Management -Position Sizing: Adjust your position size based on the distance to your stop loss to manage the risk appropriately. - Monitoring: Keep an eye on future volume and price action. A decrease in volume or bearish reversal patterns as the price approaches resistance could indicate the potential for a pullback or reversal. Stay Updated -Market News: Economic indicators and market news can greatly impact indices like the US30. Stay informed about major economic events, earnings reports, and other factors that could influence market dynamics. 🔔Stay Engaged: Follow for more real-time updates and detailed analysis. Your active participation and feedback help enhance our trading community's strategies and results. Let’s capitalize on this bullish wave and push for maximum profitability while managing risks effectively. Good luck, and let's keep our charts green! 📊💪Longby AlphaForex56Updated 1111144
US30: Long +1400 pips- Price built liquidity above 38600/39000 and we still see unmitigated order block at 39200 level. - As you see on the charts price already retested the last bullish move mitigating the bullish order block at 37800. * Closing above 37900 could be a first confirmation.Longby Sphinx_TradingUpdated 24
Dow Jones: Analyzing Technical Signals and Market DynamicsThe Dow Jones Industrial Average has recently surpassed the 39273 level, breaching the 61.8% Fibonacci retracement threshold, yet remaining below the 78.6% mark. Currently, the price has encountered a Bearish Order Block in a higher timeframe, suggesting the potential for a reversal, particularly given the overbought conditions signaled by both the stochastic indicator and RSI. Our analysis indicates an opportunity to capitalize on a potential retracement to the previous support area around 38600, presenting an attractive risk-reward scenario. The convergence of these technical indicators provides a compelling insight into the prevailing market dynamics. There is a growing body of evidence pointing towards a shift in sentiment, with indications of a nascent bearish trend emerging. This assessment is further bolstered by the prospect of the price embarking on a fresh downward trajectory, possibly within the confines of a bearish channel. In light of these observations, our strategy is geared towards anticipating sustained downward pressure on the price. We remain vigilant for signals that could signify a renewed downturn in the market, underscoring the enduring presence of bearish sentiment in the short term.Shortby FOREXN13326
US30 LOVERSLook at this beautiful print on the 1min entry.... And then the confirmation with the first 15min candle of the move higher. Longby InForMe_Analysts1
US 30 short - scalp trade Taken another short scalp on US 30. Entry 38995 TP 38975 SL 39008 We got the NY open and we are back trading within towards the 15min FVG which we highlighted earlier today. Will look to see how we react around the 39050 buyside liquidity. No need to front run the market..BE PATIENT AND WAIT FOR THE MARKET TO COME TO YOU 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
US30 - THU 9 MAY 24 - TRADE SETUPAMD Setup Price manipulation to the downside. The market is likely to deliver to the upside. Target 2R for distribution 15:30 - Unemployment ClaimsLongby karenzialvin2
US30 (Short MOMENTUM)The price action has aligned precisely with our previous projection, successfully achieving our designated target. Currently, the price is oscillating between 39075 and 38820. There is a potential for the price to initially touch 38820. It is critical to monitor the closing of either a 4-hour or 1-hour candle below this level, as such a closure would indicate a continuation of the bearish trend towards 38660. Conversely, maintaining a position above this threshold suggests that the price will fluctuate within the range of 38820 to 39075. The onset of a bullish trend is contingent upon breaking through the upper boundary at 39075, while a break below 38820 will signal the commencement of a bearish trend. Pivot line: 38990 Resistance Prices: 39075, 39285, 39450 Support Prices: 38820, 38660, 38560 The movement range will be between support 38670 and Resistance 39285UShortby SroshMayi118
US 30 short - swing trade As discussed in the previous idea.. we got the bearish set up and I ended up taking a short swing trade. Entry 38990 TP 38945 SL 39015 Did not fully get to my tp but managed to get some partials and satisfied with us reaching a low at 38960. Similarly to yesterday...can't always get the full move but as long as we get partials and are on the right side of the market it does not matter. Stopped out with stops at entry showing the importance of RISK MANAGEMENT Will be looking to see how we trade going into the NY open. Overall trading range remains the same until proven otherwise. 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
Price is on an Uptrend and will likely go to POCPrice is on an Uptrend and lots of buying activity is taking place, it will likely hit POC before it retraces again.Longby Motsumi_M1
US 30 - Ranges overview Here is a look at the current range I am looking at. We are currently trading in the 1H imbalance (blue box) and we have some liquidity and stops resting around the 15min FVG (red box) which can still be traded through. IF we head back towards the FVG and fail to close outside of it I will look to short from there. IF we hold from here and fail to break lower we can look for longs targeting the buyside liquidity from last night. WAIT for the market to show you its hand, PLAN and 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. by Patrick27070
US30 Signal - 08 May 2024From yesterday's analysis, am taking a long position on US30, since all my conditions are met. Entry - 38900.00 SL - 38838.56 TP - 38999.58 Make sure to apply proper risk management. Warning: trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings See my signature below or visit my profile for more detailsLongby Kingsley_lotannaUpdated 2
US30 Long - 07 May 2024Hey mates. Us30 is strenghtened and ready to break highs, but not without retesting the break out zone. My chart analysis are mere illustrations of anticipated price footprints basis historical price behaviour. So actual price actions may vary. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings See my signature below or visit my profile for more detailsLongby Kingsley_lotannaUpdated 1
us30 1hr rbd new 1h demand created after removing opposing zone. trend is bullish. 1:3 imbalance created. should the market retrace to our entry we would enter ULongby MastermindGND1