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
US 30 short - scalp trade Taken a small scalp short to finish the week on US 30. Entry 39427 TP 39461 SL 39480 We are trading within the 15min FVG (red box) and we've partially taken the sellside (red line). Just keep a close eye on how we play from here and finish the day from here. Hope you guys had an amazing week in general and enjoyed your trading. As always regardless of the week... don't let your possible attachment to the MARKET impact you EMOTIONALLY OR MENTALLY. Next week is a new week and you will start from scratch again...whether you ended this week green, red or breakeven. Don't forget to enjoy life outside of trading and the people you have around 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 Patrick27073
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 karenzialvin4
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
Dow Jones H4 | Bullish momentum to extendDow Jones (US30) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 39,377.26 which is a pullback support. Stop loss is at 38,900.00 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level. Take profit is at 39,768.82 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:42by FXCM3
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