May 8, 2024 US30 Fibs On this chart i have the retracmetn laid out and also the next targets if the market wants to push higher. possible short at 39400 for 200-300 point move overall the trend is currnely bullish by cerquoneg0
US30 Long NYSE Open- 09 May 2024If price breaks above the current 30 mins bar high, we may see a massive pump on this pair. Hopefully NYSE volume would play an important role here. Warning: trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings See my signature below or visit my profile for more detailsLongby Kingsley_lotannaUpdated 335
US30 @ BUYING, Breakout Resistance Level Upward Trajectory!🚀📈 US30 Market Update: Bullish Breakout and Upward Trajectory! 🚀 CAPITALCOM:US30 Exciting developments in the US30 as we witness a significant breakout from the previous downtrend, moving past key resistance zones and gearing up for further upward movement. Here's a comprehensive analysis of the current market situation and the opportunities it presents: Current Market Dynamics - Breakout Confirmation: The US30 has successfully breached the resistance, signaling strong bullish momentum. EMA Crossover: The occurrence of a golden crossover between the 50EMA and 200EMA supports the bullish sentiment, indicating a potential long-term uptrend. - Volume Analysis: Increased buying volume accompanying the breakout further confirms buyer dominance in the market. Technical Levels to Watch -Immediate Resistance Levels: -First Target: 39000 -Second Target: 40000 These levels represent technical resistance where the price may face hurdles. Traders should monitor these zones as potential profit-taking areas or points to reassess the market's strength. Trading Strategy -Entry Point: With the breakout confirmed and supported by strong indicators, entering long positions on minor pullbacks could provide a favorable risk-reward setup. -Stop Loss Placement: Consider setting stop losses below the most recent swing low or beneath a significant moving average to protect against potential reversals. -Profit Targets: Plan to take partial profits at 39000 and adjust stop losses to break-even or into profit, depending on market conditions. Extend targets to 40000 if the momentum continues. Risk Management -Position Sizing: Adjust your position size based on the distance to your stop loss to manage the risk appropriately. - Monitoring: Keep an eye on future volume and price action. A decrease in volume or bearish reversal patterns as the price approaches resistance could indicate the potential for a pullback or reversal. Stay Updated -Market News: Economic indicators and market news can greatly impact indices like the US30. Stay informed about major economic events, earnings reports, and other factors that could influence market dynamics. 🔔Stay Engaged: Follow for more real-time updates and detailed analysis. Your active participation and feedback help enhance our trading community's strategies and results. Let’s capitalize on this bullish wave and push for maximum profitability while managing risks effectively. Good luck, and let's keep our charts green! 📊💪Longby AlphaForex56Updated 1111144
US30: Long +1400 pips- Price built liquidity above 38600/39000 and we still see unmitigated order block at 39200 level. - As you see on the charts price already retested the last bullish move mitigating the bullish order block at 37800. * Closing above 37900 could be a first confirmation.Longby Sphinx_TradingUpdated 25
Dow Jones: Analyzing Technical Signals and Market DynamicsThe Dow Jones Industrial Average has recently surpassed the 39273 level, breaching the 61.8% Fibonacci retracement threshold, yet remaining below the 78.6% mark. Currently, the price has encountered a Bearish Order Block in a higher timeframe, suggesting the potential for a reversal, particularly given the overbought conditions signaled by both the stochastic indicator and RSI. Our analysis indicates an opportunity to capitalize on a potential retracement to the previous support area around 38600, presenting an attractive risk-reward scenario. The convergence of these technical indicators provides a compelling insight into the prevailing market dynamics. There is a growing body of evidence pointing towards a shift in sentiment, with indications of a nascent bearish trend emerging. This assessment is further bolstered by the prospect of the price embarking on a fresh downward trajectory, possibly within the confines of a bearish channel. In light of these observations, our strategy is geared towards anticipating sustained downward pressure on the price. We remain vigilant for signals that could signify a renewed downturn in the market, underscoring the enduring presence of bearish sentiment in the short term.Shortby FOREXN13326
Using Fibonacci & FPT To Identify Trends/Entries/ReversalsLearn how powerful Fibonacci Retracements and Fibonacci Price Theory are when adequately deployed. It can tell where and when to target entries, trends, risks, and reversals. Anyone can do this when they learn to efficiently manage the ranges and use Fibonacci tools in Trading View. It's time you took a few minutes to learn the PRICE is the ultimate indicator. You don't need to use dozens of other indicators (unless you want to add to the core Fibonacci techniques). Watch this video, then follow my research/videos.Education18:54by BradMatheny1
US30 LOVERSLook at this beautiful print on the 1min entry.... And then the confirmation with the first 15min candle of the move higher. Longby InForMe_Analysts1
US 30 short - scalp trade Taken another short scalp on US 30. Entry 38995 TP 38975 SL 39008 We got the NY open and we are back trading within towards the 15min FVG which we highlighted earlier today. Will look to see how we react around the 39050 buyside liquidity. No need to front run the market..BE PATIENT AND WAIT FOR THE MARKET TO COME TO 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 Patrick27070
SENSEX and Bank Nifty Setups Friday 10 may 2024 SENSEX and Bank Nifty Setups Friday 10 may 2024 The trend in Indian markets are going in the downtrend but as of now Nifty especially Sensex near there rising channel higher low area values zone. seems Friday may 10th 2024 levels in Sensex and Nifty 50 would be challenging because Indian bricks is rising and if some cool of is going to happen in tomorrow's early 2 hours of training session of Friday then possibly a small nude short covering rally will be available in both of indices Nifty Bank is much away from its rising train line at support or demand line and the final area where smart buyers are pending orders placed are waiting to be getting executed the zone of 47000 46600 these are level to watch on Friday session11:10by niftyZ0
US30 - THU 9 MAY 24 - TRADE SETUPAMD Setup Price manipulation to the downside. The market is likely to deliver to the upside. Target 2R for distribution 15:30 - Unemployment ClaimsLongby karenzialvin3
US30 (Short MOMENTUM)The price action has aligned precisely with our previous projection, successfully achieving our designated target. Currently, the price is oscillating between 39075 and 38820. There is a potential for the price to initially touch 38820. It is critical to monitor the closing of either a 4-hour or 1-hour candle below this level, as such a closure would indicate a continuation of the bearish trend towards 38660. Conversely, maintaining a position above this threshold suggests that the price will fluctuate within the range of 38820 to 39075. The onset of a bullish trend is contingent upon breaking through the upper boundary at 39075, while a break below 38820 will signal the commencement of a bearish trend. Pivot line: 38990 Resistance Prices: 39075, 39285, 39450 Support Prices: 38820, 38660, 38560 The movement range will be between support 38670 and Resistance 39285UShortby SroshMayi118
US 30 short - swing trade As discussed in the previous idea.. we got the bearish set up and I ended up taking a short swing trade. Entry 38990 TP 38945 SL 39015 Did not fully get to my tp but managed to get some partials and satisfied with us reaching a low at 38960. Similarly to yesterday...can't always get the full move but as long as we get partials and are on the right side of the market it does not matter. Stopped out with stops at entry showing the importance of RISK MANAGEMENT Will be looking to see how we trade going into the NY open. Overall trading range remains the same until proven otherwise. 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 Patrick27070
Price is on an Uptrend and will likely go to POCPrice is on an Uptrend and lots of buying activity is taking place, it will likely hit POC before it retraces again.Longby Motsumi_M1
bulls pressuring a push to 40,000 ??in this video i just share a quick cap of current us30 momentum i see bulls tryna to beat the 39000 mark if we do this succesfully we looking for 40,000 target for us30Long02:32by ebernezermahere1
US 30 - Ranges overview Here is a look at the current range I am looking at. We are currently trading in the 1H imbalance (blue box) and we have some liquidity and stops resting around the 15min FVG (red box) which can still be traded through. IF we head back towards the FVG and fail to close outside of it I will look to short from there. IF we hold from here and fail to break lower we can look for longs targeting the buyside liquidity from last night. WAIT for the market to show you its hand, PLAN and EXECUTE 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. by Patrick27070
US30 Signal - 08 May 2024From yesterday's analysis, am taking a long position on US30, since all my conditions are met. Entry - 38900.00 SL - 38838.56 TP - 38999.58 Make sure to apply proper risk management. Warning: trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings See my signature below or visit my profile for more detailsLongby Kingsley_lotannaUpdated 2
US30 Long - 07 May 2024Hey mates. Us30 is strenghtened and ready to break highs, but not without retesting the break out zone. My chart analysis are mere illustrations of anticipated price footprints basis historical price behaviour. So actual price actions may vary. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings See my signature below or visit my profile for more detailsLongby Kingsley_lotannaUpdated 1
us30 1hr rbd new 1h demand created after removing opposing zone. trend is bullish. 1:3 imbalance created. should the market retrace to our entry we would enter ULongby MastermindGND1
Hellena | DJI (4H): Long to the resistance area 39156.49.Dear Colleagues, I suppose that the price has started the wave "5" of the higher order. At the moment I expect a correction in wave "2" of lower order, then I expect the beginning of wave "3" with the aim to reach the resistance area 39156.49. Manage your capital correctly and competently! Only enter trades based on reliable patterns!Longby Hellena_TradeUpdated 3315
US 30 - Ranges overview Here is a clearer view of the US 30 ranges and overall market structure. This way you can better visualize WHERE we are currently trading and WHERE the HTF liquidity rests. You can also see the 15min FVG I've used for trading today's swing and get my entry on the LTF whilst respecting the HTF. WAIT for the market to show you its hand and ACT upon it. 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. by Patrick27072
US 30 short - swing trade 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 not all the trades can or will hit tp the way we are looking to play it. Still favouring the market heading lower as long as we do not break through the HTF buyside sitting around 39000 (top red line) Done trading for the day and will come back to the market tomorrow. You'll have noticed I've posted more about US 30 lately and that is simply because the price action looks cleaner and nicer compared to US 100 for now. That is also part of trading...nothing wrong with changing the asset you are trading as long as you HOLD YOURSELF TO YOUR SYSTEM AND FOLLOW THE MARKET 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 Patrick27072
Are industrial stocks facing selling pressure?📊 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.Shortby arongroups11