Taken the following short swing trade on US 30 Entry 38956 TP 38900 SL 38990 Got a little squeeze while in the trade as we traded through the LTF buyside liquidity trapping the bulls before heading lower (red line)...as you can see we respected it and might have traded one point beyond it. Taken some profits at 38920 and taken out at breakeven. As you can see...
📊 According to the strong downward momentum of the price movement and selling pressure in the market, if the range of 38800 units is broken downwards and the price stabilizes below it, the price may fall to the range of 38650 units🎯 and in case of the strength of the range of 38500 units🎯🎯. 📊 Otherwise, the possibility of price increase up to the range of 39,000 units.
AMD Setup Price manipulation to the downside. Price is likely to deliver to the upside. Target 2R for distribution No data to backup the move
The Dow Jones Industrial Average has recently attained a critical juncture, reaching the 61.8% Fibonacci retracement level. This significant milestone is augmented by the convergence of several key technical factors, notably including the Point of Control (POC) volume and divergence signals observed across various indicators. The confluence of these technical...
The direction has completely uptrended and stabilized above resistance 38845 by the 4H candle. For now, the price is trying to reach the next resistance level of 38845; above this level, it will reach 39040. Also, given that it will retest, maybe it will fall until around 38845. then will begin the rise process toward up. To get 38540, the price should stabilize...
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...
In this 15-minute chart of the US30, we have observed a completed Elliott Wave sequence culminating at a high that potentially marks the end of a significant bullish phase. As the index now embarks on a corrective journey, I've applied Fibonacci retracement levels to identify potential reversal zones that could signal the beginning of a short...
1. PSTG 1 was hit 2. PSTG 2 was hit 3. Market did retest on the zone i predicted that it is going retest at. ///trade///
US30 H4 We fell marginally short of seeing this price trigger yesterday as we approached the underside of our key sell zone. US stock market open may provide the volume and entry point to see and commit to shorts from that 39k price. Nice confluence zone offering that whole/psychological number, H4 supply and resistance.
Hello everyone, Dow Jones 4H NEW FORECAST The index price achieved some additional gains in yesterday's trading by touching the 39092 level, and then was forced to form some temporary negative bounce, affected by the attempt of the Stochastic indicator to exit the overbought level. We would like to remind you that the bullish scenario will remain with repeated...
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...
Due to the completion of the three-wave pattern, it is expected that a trend change will take place and we will see the beginning of the correction process. If the price crosses the 78.6% level, the downward trend will continue
#US30 Buy Idea ....................................................................
The price is rising toward the resistance level, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement; it could reverse from this level to our take profit Entry: 39,095.90 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 39,373.41 Why we like it: There is an overlap...
DJI Dow Jones Index, Expecting good Upside. DJI took support from demand zone. made strong pin bar on daily candle. Shall move up from here untill this zone is not broken. Expecting targets of 38500, 39000, 39500, 40000+ View for education only.
Hello Everyone, If the daily support level fails to hold, there's a possibility that US30 might test its weekly support. Nonetheless, the long-term trend continues to favor a bullish outlook. TradeWithTheTrend3344
The US30 broke through the key support level 38,570 this week, indicating bullish sentiment in the market. With this break, the next resistance level for the index is expected to be 39,000. This shift in momentum indicates increased investor optimism, which should lead to further gains in the US30.
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.