Trade 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 You
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...
The US30 index has broken through a key support level at 38570, indicating a bullish sentiment in the market. With this breakthrough, traders anticipate the index to target the next level of resistance at 39000. This shift in momentum suggests increased optimism among investors, potentially leading to further upward movement in the US30 index.
US30 - Momentum Regime
Current: Strong, From Neutral
Ascertain which phase the index may be in, as per the momentum regimes.
Ranked from overbought to oversold.
The chart shows the Dow Jones Industrial Average index on a 1-hour timeframe. A recent strong bearish movement can be observed, with consolidation following a sideways range.
The red zone indicates the potential range for a short (sell) trade at the 38,818 level, while the green area represents the potential downside target around 37,258 points.
Therefore, the...
so there is about %80 chance to continue the trend upwards as it already broke the resistance level and the other %20 chance to trend downwards due low buying pressure therefore i recommend a buy signal
Hello there dear traders,
this is a quick update on DJI.
I just noticed a bullish divergence on the daily RSI (Relative strength of the market) which could lead a bounce back towards all-time high, which we just hit a few weeks ago.
Since Corona caused problems to the markets (more likely a bloodbath), people are panicking and overselling their holdings. The...
I know I been away for quite some time; between traveling every week of april to buying a house, it has been busy. Possible buy opportunity here to take price for 20 pips or hold until it reaches previous highs. If the 30 min closes bullish and price retraces back to the SZ. take the buy and monitor your trade accordingly.
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...
Hi Friends,
I think price will attempt to go high then drop after NFP news release.
Am not sure what the number would look like but looking at my chart, you may quite agree with me.
Pips move could be more than 600 pips🚀
This is a mere speculation. Kindly trade according to the outcome of your analysis.
Apply risk management!
Futures linked to major Wall Street indices rose on Friday, buoyed by positive corporate announcements from Apple and Amgen. Traders are now poised for the release of a critical jobs report, which is expected to provide more clarity on labor market conditions and the trajectory of interest rates.
Attention is turning towards the crucial Nonfarm Payrolls report...
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...
