Fall backAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.Shortby THE_APIS_TRADERUpdated 8
Dow Jones Index's Rapid Move Towards Historical Highs 🚀🟢The Dow Jones Index has recently begun its ascent towards its historical highs again, after reaching a new peak and undergoing a brief correction. It seems poised to surpass this level once more. 🟢Analysis Highlights: 🔸Combining Fibonacci extensions and Elliott Wave theory, the ultimate target for the current leading wave is pegged at the historical ceiling of 40,000. Following this peak, a retracement to either 38% or 50% is anticipated before potentially breaking through the historical high. 🔸Considering this trajectory, taking long positions on this index appears logical. If you already hold positions, securing profits at the historical peak zone is advisable. 👍 Like, comment, or share if you found this insight useful! Follow for more updates: #Tradecitypro #TCP 🚀 🔖 Categories: Trend Analysis, Elliott Wave Theory, Fibonacci Studies 📌 Keep an eye on these key levels and happy tradingLongby tradecitypro22130
US30 AGAIN FOR NEW RECORDS!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. US30 AGAIN FOR NEW RECORDS! 📚 👉As we can see price broke above our previous major high, for the bulls to be kicking in for a new impulsive wave. 👉Moreover, price is approaching a massive zone, supply and massive round number 40k, Where I will be interested in looking for new shorts as a correction movement. Unless price managed to trade again lower, till our previous major highs and lows, then we will be looking for new longs as a trend-following one. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Shortby Hadi_karaali2
DOW JONES ANALYSISChart : 4Hour Overall Trend : Bullish Current Market Structure : Consolidation Scenario 1 : Price has been respecting the 39600 level as it did reject from that level with a heavy push to the downside on Friday . We can look for short term selling opportunities in the market targeting the imbalance in the market . Or targeting the 4hour demand levels Shortby Brehayne_3
US30 4H Chart - 13th May (New Trade?)Currently for DJ 30; an harmonic pattern formation might be on the horizon, current box would indicate that reversal will take place from 39443- 39686 The next big marketing event will be US Fed Chair Speech at 10 pm on 14th May (GMT+8) Will be worthwhile to see how DJ reacts, or even so maybe plant a small position 30% of your expected net whole position if risk reward becomes attractive. Shortby Sorosnotsorrow111
US30 - BOTH Scenario US30 - BOTH Scenario, see how markets price action is, as a marked on the chart, any of this can happen for CPI. risk small and use SL. V.RaguUShortby Ragunath-London2
correction It is expected that the current upward trend will end in the current resistance range and we will see the beginning of the corrective trend. If the resistance range is broken in this recent wave, the upward trend will continue Shortby STPFOREX7
US30US30 is showing bullish divergence and it break its Last LH Plus its trendline which shows potential HH buy on CMP As last lower LH Break ULongby Trade_WithOsamaUpdated 5
Potential bullish rise?DJ30 has broken out of the resistance level, which acts as an overlap resistance, and could potentially rise to our take profit target. Entry: 39,358.62 Why we like it: There is an overlap resistance level. Stop loss: 39,078.47 Why we like it: There is an overlap support level. Take profit: 40,012.33 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.DLongby VantageMarkets9
short on us30 keep your eyes on us30 on the daytime frame we can see the price going about 39500 we will set a short position under 39400 for the security position while we can see a long run on 4h time frameShortby menaloga7
Weekly Forex Outlook Sun.May.12.2024 - Fri.May.17.2024Outlook Just my opinion Not Financial Advice Thanks09:42by unkn0wntrad3r111
Bearish US30 Butterfly Pattern Understanding the Pullback of US30 Butterfly Pattern In the world of trading, understanding different chart patterns is crucial for making informed decisions. One such pattern is the butterfly pattern, which is currently evident in the US30 market. Traders have observed a pullback in the US30 butterfly pattern from level 1.276 to a lower level. This pullback indicates a potential shift in market momentum, prompting traders to re-evaluate their positions and consider new trading strategies. The possible target of the seller butterfly is at the level 1 Fibonacci, which serves as a key support and resistance level. Traders should closely monitor the price action around this level to gauge the strength of the selling/buying pressure and assess the potential for downward/upward trend. Shortby SEYED98Updated 113
US 30 on record Hight. Based on recent data, the Dow Jones Industrial Average has shown promising trends, with daily fluctuations indicating a potential upward trajectory. As of May 10, 2024, the Dow was trading around 39,512.84, after moving from a low of 39,406.26 to a high of 39,579.88 just in a single day. There's a mix of predictions regarding the future performance of the Dow. Some forecasts are highly optimistic, suggesting that the Dow could reach and possibly exceed 40,000 points by the end of 2024. This bullish perspective is supported by certain algorithm-based forecasting services, which suggest a continued uptrend over the next few years, with projections that the Dow could trade around 45,000 points over the next five years and potentially reach 50,000 by 2030Longby westcoasttrader071
US30 (Toward 39075 and more !!!)Dow Jones New Forecast The price moved as our previous idea and reached our target perfectly. The price of DowJones has a bullish pressure, so it will start a bullish trend toward 39010 and 39075, breaching 39075 means a continuation of a bullish trend toward 39285 otherwise closing 4h candle under 38820 will move under the bearish effect toward 38660 Pivot line: 38890 Resistance Prices: 39075, 39285, 39450 Support Prices: 38820, 38660, 38560 The movement range will be between support 38820 and Resistance 39285ULongby SroshMayiUpdated 11
DOW JONES │ US30 │ WEEKLY OUTLOOKWeekly timeframe Not much to comment on, only cause of concern for the bears here is the fact that we closed the week above the bearish fair value gap. The next and only bullish draw on liquidity on this timeframe is the old highs. The bearish liquidity is more stacked with a fair value gap and two lows, not considering the price action lower than 15 April. Daily timeframe 8 days of bullish momentum with no strong resistance levels for bears to show their claws, price has now reached a daily bearish fair value gap and one may wonder, will this be enough to cool the bulls off at best? We have a few unmitigated bullish fair value gaps closer to day 3 of this bullish run but US30 tends to move without filling its entire imbalance. Four-Hour timeframe 8 hours of indecision on Friday before the market closed, this begs the question – considering we ran into a daily bearish fair value gap as well as four-hour-old high buy side liquidity – does the bears want to step in, even just for a correction? We will have to wait and see how this coming week plays out. Final Thoughts Let us wait to see what Monday does and I will be tell you what I think in terms of bias, but if a gun is put to my head I will always bet on the higher timeframe and the weekly closed bullish above a bearish fair value gap and therefore chances are CPI may catapult us into new all-time highs.by Austin_Palmer1
what i said other post the cyclekey of life is in science learn about the bible and you will know the future Longby cw1sss0
DJI, Elliott wave analysisOutlook for DJI on 1day chart. Upperer-degree wave (b) has already been completed and the final wave (c) has started. If this scenario is correct, I think We are in sub-waveⅱ of wave (c). Sub-waveⅱ is expected to complete soon. After that, sub-wave ⅲ will start. The sub-waves of wave iii will form a 5-wave impulse. Last time my idea. ■Apr 04, 2024. long-term analysis. ■Feb 10, 2024. middle-term analysis. Shortby EWA-tokyo4
XAUUSD,US30,NAS100 13/5/2024 FOREX PREDICTONS Lets go through our chats together so we can see which trades we will be takinfg in the coming week . We will be using trends to take our trades .by davenjau0
US30 LOOKING FOR MID RANGE Hey there on 4hTF The US30 looking for Mid Range downside 39000 and upside target 40000 so we can observe the first will go Downside and then touch upside in this week so we can hope for the confirmation before we can update on Monday Longby DvsTraderfirm7
Dow Jones Index (US30): Bullish Rally Continues Dow Jones keep breaking key levels. This week we saw a breakout of a one more significant resistance. Bulls clearly show their power. I will expect a further bullish continuation. Next resistance - 39850 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader5516
🚀 Dow Jones Update: Double Bottom Sparks Bullish Surge! 📈📈 Dow Jones Rollercoaster Update! 🎢 Hey traders! 🚀 Exciting news from the Dow Jones Industrial Average! 🌟 After a wild ride down from its all-time high, we're seeing some serious action! 🎉 📉 First off, we've been on a downward trend for a while now, but guess what? 🤔 There's a new sheriff in town! 🤠 The daily chart is showing us a flashy double bottom pattern. 🔄 That's right, it's like the market's doing a U-turn and shouting, "Let's go UP, baby!" 📈 💪 But wait, there's more! Friday brought a surge in buying frenzy! 💥 The bulls came charging in, smashing through resistance like it's nobody's business! 🐂💨 🎯 So, what's the target? 🎯 We're aiming high, folks! 🚀 The next big milestone: 39,500! 🚀 Can you feel the excitement?! 💃 🔄 Of course, remember, the market can be a bit of a wild ride. 🎢 There might be twists and turns along the way. But hey, with patterns like these and breakouts like that, it's hard not to feel optimistic! 🌈🚀 Let's keep riding this wave together, traders! 🌊🏄♂️Longby MrCharlie1Updated 75
📉 Dow Jones Update: Bearish Channel Signals Sell Opportunity!📉 Dow Jones Update: Bullish Breakout Signals Potential Recovery! 📈 Hey traders! 🌟 Big news from the Dow Jones market! 📉 After a prolonged correction from its all-time high, we're seeing some serious action! 🚀 🔄 On the 3-hour chart, the Dow Jones has formed a massive double bottom pattern. 📊 This is a classic sign of a potential trend reversal, folks! 💥 🐂 And guess what? Friday brought a surge of bullish energy! 📈 The price smashed through a solid horizontal resistance, signaling a shift in market sentiment! 🚀 📅 With the weekend approaching and Monday on the horizon, many are speculating that the market might kickstart the week with a recovery rally. 📈🎉 🐻 But hold your horses! 🐎 Let's not forget about the bearish channel we're still in. 📉 There's talk of a possible retest before we see any significant upward movement. 🔄 🎯 So, what's the target? 🎯 Keep an eye on the bearish channel, folks! 📉 Let's see if the market's mood holds steady as we head into next week! 📅 Stay tuned for more updates, traders! 📈📉 Let's navigate these markets together! 💪Shortby MrCharlie1Updated 59