Markets have topped out after months of belief that the Fed would drop rates.
The Fed will NOT drop rates until the economy is in recession and the markets collapsing...that is how they function.
An initial selloff into mid April has been met with a weak bounce so far, this is your prime moment to load your shorts and prepare now for the mother of all bear...
US30 is within our sell confirmation to take a valid sell entry
We look forward to shorting the pair
Kindly use RISK MANAGEMENT and set stop losses according to account size
New World Capital - Article 4 (continuation)
US30
The liquidity grab happened and we bought the dip. We now have 2 positions opened before the session ends. We can expect more liquidity grab during the next London/New York session approximately from 5:00AM to 8:00AM (PST)
Buy ( 2X ) US30 @$38000 - $37800
TP@ $38539
SL@ $37655
Risk: 1% - 10%
Reward: 7%+ - 70%+
Day Trade
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38470 zone, US30 is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 38470 support and resistance area.
Trade safe, Joe.
DJ30 is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci projection. A rejection from this level could indicate a double top pattern which could lead to price drop.
Entry: 38611.96
Why we like it:
There is a pullback resistance level which aligns with the 61.8% Fibonacci projection.
Stop loss: 39089.65
Why we...
Hello every one
As we all expected, Dow starts a bullish trend from the first day of the week but we do not know if last week correction finished and what I have counted is correct or it is just wave b intermediate of ABC of wave 2 Primary.
Note : There is another scenario that say we are in huge recession and what is happening is internal wave of an ABC cycle...
- 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.
Dear Colleagues, I suppose that the price has started the wave "5" of the higher order. At the moment I expect a correction in wave "2" of lower order, then I expect the beginning of wave "3" with the aim to reach the resistance area 39156.49.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
DJIA (US30) is rising towards the pivot which has been identified as an overlap resistance. Could this index stall around this level before potentially reversing to drop lower?
Pivot: 38,546.69
1st Support: 38,025.73
1st Resistance: 39,042.57
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
Following a successful sell signal at the top of the long-term Channel Up (March 28, see chart below), Dow Jones (DJI) is staging its first attempt to resume the bullish trend:
Observing past behavior in similar circumstances often helps at making such projections, so we placed Dow's previous correction in August 2023 (right chart) next to today's. The key...
Dow Jones (DJI) gave a solid short-term sell signal on the MACD Bearish Cross last time we analyzed it on the 4H time-frame (April 24, see chart below):
Similarly, it is flashing a strong buy signal now after the 0.236 Fibonacci rebound that keeps the price action above the 4H MA50 (blue trend-line), in similar fashion as September 14 2023. The 4H MACD even...
i made an us30 deal
i am using my algrothmique strategy
The risk is 1R and the reward is 5R
If you like this idea please Show me your support
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US30 is currently bullish and has rejected a significant level 37300.00 FOREXCOM:US30 FX:US30 . Price action is observed, bullish momentum is present. This is only a trade idea, use risk management. Happy trading
Dow quickly turned neutral again on its 1D technical outlook (RSI = 49.651, MACD = -238.11, ADX = 37.915) not staying for long on its previous bearish state as after hitting our TP = 37,300 it rebounded emphatically and is about to test the 1D MA50. The pattern was the same as the prior corrections inside the Channel Up: pullback to the 0.382 and -6.95% in...
Price was falling gradually from the starting of this month. It has formed bottom at the zone 37700 and now it has broken the downward trend line.
So what next?
38500 is an important zone. If price sustains this level then it can move towards 38580, 38660, 38740 and 38800.
On the other hand if 38500 acts as a resistance zone, then price will move towards 38380,...
After a test of a strong horizontal resistance,
Dow Jones broke and closed below a support line of a rising parallel channel
on a 4h time frame.
We can expect a retracement to 38230 / 38066
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Dear Indices Robbers/Traders,
This is our master plan to Heist US30 Market based on Thief Trading style Analysis. I have two plans to heist this market please look at the chart I have mentioned in our heist plan whether Bull or Bear. My dear Robbers U can enter at the Neutral area after the confirmation of market condition, Our target is Red Zone for Bull Trend...
