Hey there on 1htF the DXY Bullish Trend until 106 then we can looking for sell opportunity and will drop from there our previous support area 106$ so we can follow up and then best to make short area from upper side to set our next target 103$
The Dow Jones symbol has entered a downward trend, which has moved its highs into a short position. It is likely that the price will correct up to 38800 and continue its downward trend from there until it reaches the important support of 35000.
CHECK OUT MY BIO....
Knowledge Required to nail OANDA:US30USD
1, Good understanding of price Trend/directions
2, Absolute respect for Supports and Resistances
3, Knowledge of candle stick patterns
4, Discipline to use partial TP, SL
5, Discipline to wait for confirmations and only act when required
See the video for more.
My bias for US30 has turned bearish due to the recent Wyckoff distribution that unfolded on the higher time frame, validated by a change of character and a break of structure. This confirmation prompts me to seek selling opportunities to support the downward trend.
I will be targeting sells around the 20-hour supply zone, which recently triggered a Break of...
Still within 15 min Bearish range
POI's Marked out for CPI, wil be looking for MSS on said POI's, also trendline liq forming above price anticipating it to be run at some point
15min bearish range
looking for possible sell from supply
also looking to to see if 15min high holds as we are in discount of the daily range could possible see price go higher
In this video, we delve into a prospective trading opportunity within the US30 Dow Jones index. Our analysis entails evaluating the prevailing trend, scrutinizing price movements, assessing market dynamics, and identifying a potential entry point under favorable conditions, as elaborated in the video. Incorporating robust risk management principles into your...
The Dow Jones Industrial Average has shifted into negative territory, experiencing a notable downturn following a double top formation around the $40,000 mark on April 1st. As of the time of writing, the price has descended to $39,179, exhibiting a reaction near the neckline of the price pattern. This development prompts a strategic approach based on Fibonacci...
The important support area for the US30 index is around the price of 39000. Considering the RSI is in the oversold range, an upward movement with targets at 39448 and 39844 can be expected. 📈
The US30's bullish momentum has encountered a key resistance level. This presents a potential counter-trend shorting opportunity. Here's the trade idea:
Entry: Sell short at the current resistance level.
Stop-Loss: Place a stop-loss order above the recent high.
Target: Aim for the previous support/imbalance zone established at a prior low.
Rationale: The US30's...
US30 remains in a strong bullish stance, and I'm still on the lookout for long opportunities. Last week, we witnessed a retracement in price to fill the previous imbalance, although some imbalances remain. This was adequate for initiating a new rally, as we're currently observing.
Now, I anticipate two possibilities: either price will break past the newly formed...
Hello Traders !
On Wednesday 20 March The US30 Broke The Resistance Level (39284.87 - 39080.39).
The Price Retreated To The Support Level and Failed To Break it !
The Lower High is Broken (ChoCh).
So, I Expect a Bullish Move 📈
TARGET: 39790.00🎯
