The general bias for DJI on the H4 chart is bearish . To add to this bias, the price is below the Ichimoku cloud , indicating a bearish market. Looking for a retracement sell entry at the market gap of 29672.85. To avoid missing out on trades, the sell entry is positioned at the very beginning of the market gap rather than at the top. Stop loss will be at...
Right now the trend seems to be moving down and continuing to go even lower. We will have to wait for a potential reversal because I can see a Hidden Divergence. Higher Low and Lower Low on the RSI. Let me know what you guys think.
One 4HR candle closing below 29,000 opens the way for the sell order with a clean traffic towards the 28,600 zone.
My daily bias is bullish. Entry based on rejection of demand zone.
Daily bias is bullish. Price retraced to key level and rejected a demand zone.
US 30 daily analysis on 1H chart. The market is still bearish. The great opportunities are more on the selling side, than buying. Check my weekly analysis for more understanding.
Multi Timeframe Analysis Hint: A massive bearish order block spanning 30962 begs satisfaction. Price could surge up to this level until all pending institutional orders are filled. A crash will then follow forthwith. Mixed Bull-Bearish Narrative: 1. Bearish institutional order block needs to be reached. Price gravitates to such market imbalances. 2. Multiple...
Every level and up-trend is being rejected by the stock market. Underneath the current price is an important crossing of an important support and the downwards trend. This may not hold at first, because in March 2020 the market rallied up to that price-level at first after free-falling. If today 11th October the markets don't stabilize, it will get very bad for...
Looking at the H4 chart, the current overall bias for DJI is bearish. To add confluence to this bias, the price is currently under the Ichimoku cloud which indicates a bearish market. To add confluence to this sell entry, there is a market gap at 29672.85 near the sell entry that looks good to be filled. The entry is placed at the bottom of the market gap to...
The Dow Jones Industrial Average (DJI) has been highly volatile today following a two day selling sequence on last week's closing. Following the NFP on Friday, the market is entering the anticipation mode over this week's CPI report, which is crucial on the Fed's rate policy. Amidst this high volatility we have spotted a recurring pattern, which has been...
buying us30 targeting the bearish order block. entries are visible on the lower time frame.
us30 is creating higher highs - higher lows but dosnt have power enough to go bullish to 29420 level, so i am waiting to grab some liquidity on the previous lows, the best place to buy will be 29200 level that is a clear fair value gap to close.
Pair Name 📊 - US30 🟢 buy stop - 29331 1️⃣ - breakeven and close half - 29390 2️⃣ - 29463 ⚠️ - 29242 ————————
Same as US100, being irresponsible has lead to a loss and a lesson. New Week, New Goals and with that we work harder.
Price needs to mitigate the demand zone below to cover the imbalance formed before a retracement upwards ..What are your views, let me know in the comment section below
On the H4 chart, the DJI has a bearish bias. Look for a possible retracement sell entry at 29672.85, which is the location of the 100% Fibonacci line, prior swing bottom, and market gap. Enter at the very beginning of the market gap rather than at the top to prevent missing out on a trade. The stop loss will be set around 30454.46, which is just over the 23.6%...
US30 the price can stable under 29220 So even if the price under 29220 will drop to 29065, and if can close 4h candle above 29220 will support the price to push up and if breaks that also then will drop to 28850 because already we are at the downtrend pivot price: 29220 resistance price: 29335 & 29535 & 29655 support price: 29065 & 28850 & 28740
We Are Currently In a Down Trend , Price Has Made A New Daily Low .Will See How Price Reacts To The 28800 Demand Level and Holds , Will Be Looking For Buys .... But If Price Breaks That Level Will Be Looking To Short The Market .