DOW jones Idea and upcoming movements in the American Markets TVC:DJI DJ:DJI DJ:DJI
Dow Jones The index is drifting lower from its record high seen on Monday, but with no sign yet of a more significant move lower.The continued barrage of earnings may act to drive the price downwards, in which case last week’s lows around 37,200 may provide support. Below this, the 50-day simple moving average (SMA) becomes the next area to watch. A close back...
MMSM (if we entering sells) If we break 37899.3 which is the golden level entry zone on the 1H fib as well as a break of support and the parallel channel Enter sell positions at 37880 confluence from Support break + Parallel channel break and entry golden zone level (3 confluences) Hold sells till 37770.2 at TP 1 and then close partials and wait to see if we...
MMSM (if we entering sells) If we break 37899.3 which is the golden level entry zone on the 1H fib as well as a break of support and the parallel channel Enter sell positions at 37880 confluence from Support break + Parallel channel break and entry golden zone level (3 confluences) Hold sells till 37770.2 at TP 1 and then close partials and wait to see if we...
Looks like we may see one more bullish movement on Dow. After a test of a key support, the price formed a cup & handle formation. The neckline of the pattern is broken and we see a positive bullish reaction after its retest. I expect a bullish movement to 38040 ❤️Please, support my work with like, thank you!❤️
Bullish indications: HHHL Major support respected and bounced. Trend line resistance has broken. Resistance has broken. Hammer candle from support in 4 hr time frame. Fib level 0.236 respected. Trade plan bias long @ 37973 SL:37867 TP1:38088 TP2:38193
#US30 Buy Idea .............................................................
# A Beginner's Guide to Price Action Trading ## What is Price Action Trading? Price action trading involves analyzing the movement of price over time to make informed trading decisions, rather than relying purely on fundamental data or indicators. ### Key Components There are three key components that make up the framework of price action trading: ####...
Market is currently BULLISH but looking for a possible FIB retracement in the zone between 61.8 - 78.6 lvls. or we could stretch up to the 1HR resistance and then get our BEARISH move. Failing that we will observe price if it breaks through the resistance, with a possible retest to go BULLISH. Possible 5min retest at the resistance to take the market down...
We did not get the full move we were looking for but managed to get a decent portion on the long. Hopefully some of you guys managed to get onboard and LEARNED FROM THE TRADE. Despite not reaching out full tp's the trade offered a high number of opportunities to TAKE SOME PROFIT and GROW YOUR CAPITAL The next hours of trading will be interesting as always and...
As we sip our morning coffee and scroll through the latest financial news, it's hard not to notice the buzz around the U.S. stock market's recent performance. For all investors and traders, these are interesting times indeed. The market is showing signs of a bull run, and it's worth diving into what this means for your investment strategy. First off, let's talk...
As you can see on the one hour chart ,price has failed to break our resistance at 38090-38130,moving on to smaller timeframes price had formed a ouble top which closed below the neckline of that double top,im looking for sell to previous support levels 37800 and 37500. 37500 is only achivable after we break the support level 37800 and it becomes resistance.I...
US30 Short use proper risk management Looks like good trade. Lets monitor. Use proper risk management. Disclaimer: only idea, not advice.
Hey traders..I'm thinking that BLACKBULL:US30 could be coming back to the demand zone in green...what do you think? If you only have something negative to say without offering any value, just keep it to yourself (FRANK). Still trying to get this forecast on a 15m time frame down..
The Dow has been trading in a rising broadening wedge (a potent bearish pattern). Price is currently at the resistance of the wedge. If the resistance holds, there is a high probability for price to follow the red arrow. Note that it will not be straight line fall to the support of the wedge.
We are well in profit by now and I should expect us to continue moving higher after our current consolidation (still in play) . Don't be OVERZEALOUS it never hurts to TAKE SOME PROFIT to GROW YOUR CAPITAL Once again sharing my levels... and SORRY for having typo-ed the entry it should be 37967.6 and NOT 37867.6 (as shared in the previous ideas). Hopefully none...