Bearish idea l us30 . There are strong sellers according to the analysis I think we will see new lows after this pull back
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
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...
Elliot's wave count confirms directs with Moving average serving as resistance for bears. USD strength means stock bearish
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
Dow Jones formed a huge double bottom pattern on a daily, after a quite extended correctional movement from all-time high. The price turned very bullish on Friday and broke a solid horizontal resistance. The market may start recovering now. Target - 39000 ❤️Please, support my work with like, thank you!❤️
market just reacted from a monthly area of demand. we have daily confirmation. now a 4h entry opportunity is available if we can get a retrace my back to entry before valid hitting weekly or daily supply
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...
The break of that range to the downside will trigger a short downpour of price. Kindly apply risk management.
US30 sell off forecast wait for 15 min conformation before enter i share further analysis & sell entry once it reach my poi
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
This is such as simple strategy that anyone should be able to perform. Just wait for the 8:am EST candle to close - whatever color it is will point the direction to trade. Use a profit target of 100 point and a stop loss of 100 points. If you get stopped out, the next day, double up. Avoid trading Wednesday's for best performance. That's it - That's all Trade Safe