us30 spot 4HR view - The current price now seems to have found major support at 37,317.8 (TP6), and looking ahead, I don't think these levels will be breached, in terms of weekly volatility, which remains unchanged. Although we have created 2 FVG gaps (4HR) below, which I believe will be our RIP zone, in order to clear the higher FVG, we have a reaction, but not...
The chart shows that after 15 years of steady gains, the Dow has peaked. After $39,000, the next 3 years will be ground and cut. The data forecast the price to stabilize around $23,720. The Fed's response to stabilize the decline was always a factor that could not be ignored. They can easily achieve a soft landing by printing. But charging through M2 diving will...
US30 has been in a area of consolidation for the past week and a half after having a large sell off for the previous two weeks. Technical : On US30 we're seeing the 3 EMA cross the 10 EMA upwards while at the same time the Stochastic is pointing up while crossing the 50%-80% mark. Price action is also making its way to the upper Trendline which has 3 previous...
I approached the charts fresh out of the shower. I got in at 9:20 AM NY Time and got to the computer around 9:40 AM NY time. But anyway, I saw on the weekly that we were slowly rejecting lows. So, that means if I saw either a shift in structure or a change in the state of delivery, aka a break above an OB that has taken liquidity to go higher on the 4H or 1H,...
Market Update DXY is bullish on the weekly and daily timeframe GOLD is bullish but needs some retracement lower trade safely and apply risk management
After a solid 15 year run the Dow Jones has topped. $39,000 will be followed by the grinding and chopping of the next 3 years. The data forecasts price will settle down to the near $23,720 Level. The Feds response to stabilize this decline is always a factor that cannot be ignored. They can easily print their way into a softer landing. But diving the charge...
New World Capital - Article 7 FOREXCOM:US30 US30 is at a key level right now after triggering a lot of SL. We broke even on it and are waiting for the next opportunity around $37,000. If not, we will trade the consolidation at $38000 but not hold it for long as price is driven down.
IDENTIFying levels on us30 - 30 april 2024 waiting for price to reach previous major level , before looking for a selling opportuiniy
Market has formed a W and now on m15 we are moving in on a bullish pattern plus price has to fill the downward move which previously occured
I'm looking for shorts in the market this week. The trend is changing to the downside in higher timeframes. The markets are stairs to the upside and elevator to the downside.
New World Capital - Article 5 ( Continuation ) Another liquidity grab is happening right now around $38220 - $38240. If the price ends up going higher after that liquidity grab, the price should definitely breakout and trade around $38,500 - $38,700 FOREXCOM:US30 Buy ( 3X ) US30 @$38200 - $38240 TP@ $38539 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+
Waiting for the $$ areas to be swept with 39330 being the overall target. With this week having a few fundamentals NFP included, big moves loading. Trade safe and use proper risk management. Happy trading week ahead :)
Please pay special attention to the accurate trend, colored levels, channel, and red level as SL. Be careful BEST MT
DowJones chart overview I will post an overview on the various time frames and also outline the trends and detailed entries
New World Capital - Article 5 FOREXCOM:US30 US30 is moving exactly as predicted with liquidity grabs happening here and there as the ones that happen today around $38,276. We still hold two profitable positions and are looking to add to our current lot when the profit of the second position is equal to the loss set of the first position. That is the best...
Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion