Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (medium-risk sell zone) spanning from 39600 to 39570, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Noted between 39600 and 39570, suggesting another area with moderate risk for potential buying positions. Bullish...
Indices are at highs. We haven’t been to the top yet, there’s no data there. If we update the historical maximum, we can find out more in the Daily Posts. During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show...
Dow Jones New Forecast You should see a few more months of inflation data that appear to be falling (before any prices are lowered) The price corrected to their support line as we mentioned in the previous chart, so now still has a consolidation between 39790 and 40005 till breaking, from this support line will try to start a bullish trend toward 40005, and...
Hi Guys, The US 30 is heading into a zone that may see some resistance and selling pressure. The red box highlighted on the chart contains the 0.68 fib extension of the covid low to bear market high to bear market low, an important fib level that has taken a while to form and reach. Also the red box contains the 1.13 retracement of the high to the low of the...
Dow Jones weekly time frame analysis The Dow Jones is in an important area that can correct from these ranges to lower levels
We've taken the both the buyside and the sellside of the range so let's see where the market wants to go from here. Taken a short scalp from 39929 before we ran the highs, trapped the bulls and went for the HTF sellside. Entry 39929 TP 39915 SL 39937 Noted the FVG gap (red box) so watch how we react from here for the end of the trading session Don't...
Like, comment and share with your peers! I would be looking for bullish moves on US30 today provided price remains above 39500. 1 hour price bar(candlestick) has closed above a range that started mid NY session yesterday. The range formed shortly after a 211 pips pump. Find my confluences below; ✅Price at psychological level? ✅Has there been a recent...
This picture aims to bring up a sense of wonder as to whether or not Dow Jones could print a 80% correction just as it did in 1929. The reason being ever since 2009 we are have been facing a bullish momentum and also, it hasn´t been so long since the United States started to have an economy with an interest rate above 0%. For those who live overseas that´s a...
I’d like to see us grab liquidity, below the bullish momentum from yesterday’s FOMC session which caused a surge in price on US30, I believe big player will drive price down to grab liquidity. Looking for longs at around 37600-37550
US 30 on top of the tend line in h1 last minumim was broken needs to wait retest 39914-39940 zones then SELL will be active
Here is a quick overview of the current range we are trading in on US 30. You can see the partial trade with where I took profits and the overall swing short. Trade idea 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...
📉 Dow Jones Update: Bullish Breakout Signals Potential Recovery! 📈 Hey traders! 🌟 Big news from the Dow Jones market! 📉 After a prolonged correction from its all-time high, we're seeing some serious action! 🚀 🔄 On the 3-hour chart, the Dow Jones has formed a massive double bottom pattern. 📊 This is a classic sign of a potential trend reversal, folks! 💥 🐂 And...
The US30 Dow Jones index has exhibited a robust bullish trend recently. However, we now observe that the index is approaching a significant resistance level on both the weekly and daily charts. Moreover, the market appears to be overextended. When a market becomes overextended, there’s a possibility of a reversal. Traders closely monitor signs of exhaustion or...
📈 Dow Jones Rollercoaster Update! 🎢 Hey traders! 🚀 Exciting news from the Dow Jones Industrial Average! 🌟 After a wild ride down from its all-time high, we're seeing some serious action! 🎉 📉 First off, we've been on a downward trend for a while now, but guess what? 🤔 There's a new sheriff in town! 🤠 The daily chart is showing us a flashy double bottom pattern. 🔄...
Hello, traders The trend is bullish, with higher highs and lows, but now H4 is diverging and the short position is up to 39635 Now there are two scenarios The first case 1. If the trend will break the Fibonacci 0.6 level, there is already a divergence Then there will be a reversal 2. If the level Fibonacci 0.6 is rejected and the EMA is below the Fibonacci level,...
US100 and 500 are almost completely the same with this analysis ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the...
Note: Break and retest of weekly RTM -Pattern above the Flag is an Umbrella coiled by Linda Raschke -1-2hrs: Trending as per Goichi Hosoda trend analysis Bullish Biased