Dow Jones index probabilitiesThe possibility of a fall in American economic indices in the long term is painful, but in the short term, investors will inject liquidity into the indices and there is a possibility of an increase again.by sashacharkhchian0
Bullish signsWith S&P and Nas100 performing entering new highs, I'd expect Us30 and Ger40 to follow suit. Heres what I am analysising. Us30: Wednesdays candle was bearish but Thursdays morning has already caught the low and reacted bullish. I will like to see if the NY session can continue the trend or will it do opposite to London session. On the daily was also have a sign of weakness at the recent HL Ger40: Wednesdays lows and previous weeks lows have been capturedand has created a large rejection candle off the weekly low off the 4H. I will also like to see if the bullish momentum can continue on the NY session (which is usually does the opposite). If we can close above Wednesdays high i believe we may see the markets reverse. This could also be a sign that indexes are lagging do to the lack of correlation and we may see signs of bearishness. Till then I will stand bullish till further noticeULongby S0202Trades1
US 30 - Ranges overviewHere is a quick look on the current US 30 range. We did not get the full tp expected yesterday and that is fine (missed by a few points). Looking at the HTF we are currently trading through the buyside. IF we close the 4H above 38830 and hold expect further pa to the upside IF we fail to close above the 38830 expect us the retrace towards the OB at 38800 No need to front run the market...WAIT...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
Analysis of Dow Jones Industrial Average (US30) 20/06/2024 Current Price: 38,823.79 USD (as of June 19, 2024) Chart Overview: The chart displays price action, Fibonacci retracement levels, trend lines, and volume profile analysis. It utilizes Liquidity Heatmap, VWAP (Weekly), and volume data. Key Observations: Price Action: The price has been moving within a descending channel marked by the red trend lines. Current price action shows consolidation around the 38,800 level. Fibonacci Retracement Levels: Key Fibonacci levels are plotted from the recent high at 40,128.94 USD. 0.618 level at 38,352.56 USD is acting as a significant support level. 0.705 level at 38,102.48 USD and 1.618 extension at 37,619.16 USD are other crucial levels to watch. Trend Lines: The descending channel indicates a bearish trend in the short term. A potential breakout above 38,996 USD could signal a bullish reversal. Volume Profile: High volume nodes at 38,700-38,800 and 39,100-39,200 suggest these as areas of strong interest. Low volume areas may act as zones where the price could move quickly. VWAP: The weekly VWAP is at 38,733.79 USD, close to the current price, indicating a balanced market around this level. Liquidity Heatmap: Significant liquidity zones are highlighted in green and red, with notable activity around 38,100 and 39,000 USD. Potential Scenarios: Bullish Breakout: A move above the descending channel's upper boundary and the resistance at 38,996 USD could push the price towards the next resistance at 39,437.25 USD. Further upside targets include 40,150.92 USD and the Fibonacci extensions at 41,304.06 USD and 42,457.84 USD. Bearish Continuation: If the price fails to break above 38,996 USD, it could test support levels at 38,352.56 USD and 38,102.48 USD. A breakdown below these supports could see the price heading towards the 1.618 extension at 37,619.16 USD and potentially lower levels like 36,792.40 USD and 35,965.65 USD. Consolidation: The price might continue to consolidate within the range of 38,100 USD to 39,000 USD before a significant move. Indicators: Volume: Decreasing volume could indicate a lack of momentum. A spike in volume is necessary for confirming any breakout. VWAP: Staying near the VWAP suggests equilibrium, but a move away could signify a new trend. Conclusion: Traders should watch for a breakout above 38,996 USD for a bullish signal or a breakdown below 38,352.56 USD for a bearish continuation. Monitoring volume and liquidity zones will provide additional confirmation for potential moves. The overall sentiment appears neutral to bearish, but a significant move in either direction could change the market dynamics.by crktrader0
US 30 short - swing trade Taken a short swing on US 30. Entered based on the 30min imbalance (yellow box) targeting the sellside resting around 38750. Entry 38805 TP 38750 SL 38842 Taken some profits and stops in profit. Let's see IF the market wants to speed up to the HTF sellside from here. Been in the trade since 4:30 am (NY time) so you'll notice the pa the trade had endure before giving the move I was looking for. These are amongst my favorites trades... truly testing your PATIENCE and YOUR TRUST IN YOUR SYSTEM.... no need to play around with your SL or TP...ANALYZE the market...PLAN...and EXECUTE As always let the market 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.Shortby Patrick27070
New Trend in DJ30We are getting into a new trend and moving in between old and new DKL in DJ30. Let's wait for after News this afternoon to see if I find a good Entry. Alarm set at 39.069 Dby UnderlayerUpdated 0
US30USD Market Structure, ranging market👋Hello Traders, Here is a structure of US30USD, it is a very ranging market with low highers recently. It is suitable for range trading strategy in our opinion. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!by ICT_Trader_SB0
US30 LongUs30 for long will we see new historical peaks? i say yes It is not financial advice Just my analysis for the chart ULongby abojodkafi0
US30 H2 - Short SignalUS30 H2 We are still looking to place short orders from as close to 39100 as possible. This is a key area of supply, resistance and psychological price. And area which has played out nicely, multiple times, during recent trade. Similarly, we are looking for shorts on US100 from as close to 20000 price as possible. Updates to follow.Shortby Trade_Simple_FX0
US 30 LONGLooking at a possible Long on US30. Utilize LTFs for entry to minimize loses. Also, I don't like that trading view won't let me post minus saying something in this box. I mean read the tape that's everything I have to say about any analysis I make on here lolShortby samuel_songwe0
US30USD LONGSPrice is rejecting a demand zone around 38450.0 and at the same time there is formation of a head and shoulders pattern. All we need is a retest and rejection of the neckline of the H&S together with the EMA to continue heading to the upside. TP is at 39250.0Longby stephenciira2010
US 30 Potential Sell-SetupOANDA:US30USD Taking a look at the 2 hr time frame. I noticed that price created and confirmed a double top, which is a top reversal. Also at the closest structural level of support price also formed a inverse head and shoulders pattern on the same time frame. In this battle of patterns, let's see if the double top holds after being retested by price. If price does not respect the highs, wait on a clear close above the double bottom pattern that was printed and we can enter the buy on the retest of that broken level of resistance. 05:11by TKProphet0
Bullish us30 Looking for a bullish entry , intraday is looking bullish waiting for price to come in the golden zone and show a reaction then jump minimum will take a 1:1 if the reaction is strong we will take a 0.1% swing to the high of the year Longby Zim_10
US30 longDaily; 38,750 is a region that has been broke and has not been tested There are long wicks being formed to the downside which tells me that price is showing bullish momentum. Moreover, Friday's candlestick closed below 38,550 which indicates to me that price is headed downwards but needs to collect orders first of all. 4 hour; Price has formed a head and shoulders formation by retesting 38,500 Next target is 38,645. Waiting for a good buy setupLongby kingmwenjaUpdated 0
DowJonesDow Jones analysis Daily and 2-hour time frame The price moved from the bottom of the daily range to the midline of the range. When the price reaches the 2-hour support floor, we can enter a buying position.Longby m0neyminer0
US30 ANALYSIS US30 looking for potential move to the upside 1:2 RR Overall trend buy side this breakout made flyLongby DNA_Trader_Officials0
Bearish Bias on US30Monthly chart shows that US30 had hit its high around 39k. My bias is for US30 to come down.Shortby kailevel0
Jun 16, 2024 - US30 PreMarket Analysis 2Jun 16, 2024 - US30 PreMarket Analysis 2 Another approach to the analysis using trend, MA, and indicatorsShortby Trader6040
Us30 next moveBefore you make Consevation with people's you should check if their mindset is mature enough to discuss different perspectives,are they mature enough to face truth n reality,don't argue with someone who is doing it for win not for the truth,here is successful elite you don't have to miss this elite alot of flites already pass,this the last flite that is leading you to financial freedom.Longby mulaudzimpho0
Long IdeaStill bullish on US30. Re-tracement leg possibly still in progress. Waiting for price to take the low and reach zone before initiating buys. Safe and happy trading week.Longby WikFx0
back testing king aaronbased upon the 3 candlestick rule, my prediction was for the chart to create new highs. Eventually, that was the case, but, before it cleared the liquidity and then proceeded to bullish to new highs. 100 ticks was the objective but still dont know how to do that yet, but soon to come.Long09:31by aarudaprodigy0
Us30 analysis Dow Jones looks like more fallen 😳 1:2 RR Move your SL every 40 pips Overall trend sell in DAY , 4H , 2H ,1HShortby DNA_Trader_Officials0