US30 ShortMy view of Dow Jones (US30) . Potential short opportunity.
Since the start of October we have entered this uptrend channel in which the price was moving in. We had 2 “fake outs” meaning the candle broke out of the channel but was overruled by the next one entering back into the uptrend channel. Smaller timeframes also show a smaller uptrend channel which I marked with the regression trend. My idea/vision/prediction is that the price could come up to 35675 during Asian session where at that point, depending on the price momentum, we could enter in a short. Entry at 35675 with a tight Stop Loss at 35715 . Take Profit is at our PBA (Pullback Area) which is at 35080 . The sell would be confirmed after we break out of the regression trend which would also break the very strong Resistance from 23rd of Aug to 7th of Sep . After breaking that level we would be due for a pullback down to the bottom of this uptrend channel .
PARAMETERS
- Entry: 35675
- SL: 35715
- TP: 35080
KEY NOTES
- Start of October , we have entered this uptrend channel .
- Smaller uptrend channel on smaller timeframes.
- The sell would be confirmed after we break out of the regression trend which would also break the very strong Resistance from 23rd of Aug to 7th of Sep.
Happy trading!
Dow30
as predicted,dow fly up ,but this is start of big + trend dow can go up to 36800-37000 be carefull from sell ,100% put sl on day high (never remove sells SL)
green arrow= best place we must buy with sl =80 or 34060
if you have open sells, put tp on upper green arrow and SL on today high , break today high=start of + wave 2
US30 WAITE TO BUY CONFARMANATION.......
💹US30/DOW30 ⏬BUY STOP @ 35521
✅TP-1# 35610
✅TP-2# 35699
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad
dowjones on daily chart say this MAIN TREND IS VERY POWERFUL + SO LOOKING FOR BUY ,DONT PICK SELL SIGNALS
in coming days dow must go up to important big support ,then 2 way posible 1-start new + trend back to high (36600 posible) 2- in red support go down and fill fibo 161%
ADVICE=BUY NEAR GREEN ARROW WITH SL=80 AND HOLD THEM 7 DAY TO HIGH ,DONT CLOSE SOON WITH LITTLE PROFIT ,after +80 move sl to open price,let it go up ,dow love up move
NOTE=orange fibo on above chart is trend base fibo extention(projection) work exclent on dow,dax (this tool is good only for index, for gold and forex use fibo raytrace)
www.tradegoldtrading.com
US30USD YM1! Dow 2021 Sep 13 WeekYM1!
US30USD YM1! Dow 2021 Sep 13 Week
Weekly/Daily: Ultra Wide Spread down bar closing on low, took out previous low 34494.
Will this previous support hold?
Potential for spring IF price can close above 34494 in LTF.
H4: Diminishing volume on decline, we may see some strength return.
Strategy for Short (Test and Reject)
Strategy for Long (Test and Accept)
Entry based on price reaction to the levels on YM1!:
Price levels on YM1!:
34495
34754
34997
32220 - 32250
35500 - 35550
Remember to like and follow if you find this useful.
Have a profitable trading week ahead.
YM - Monthly Close > 35035 for August LIS / SEP VX +++The Risk of a 2 month correction after this week completes and treading begins Tuesday.
This does not appear to be a major high and a retest of support back to the 31,000 level
is possible as long as 37,000 level on the Dow is not exceeded.
Wide Range? Indeed - 2,000+ Ticks of range.
Yes, it all is within the boundaries of enormous Ranges, trade Micro CT's in INV Ladders
as opposed to going all in at a specific level.
ALL order flow is bought and sold, everywhere to varying degrees.
When it is raining SELLs, the fuel remains for a Squeeze.
We are anticipating a SELL this week in ALL Equities, we'll see where they game
it too... prior to dipping back into the SELLER Deep End of the Pool.
Overall, we are Bias to downside, patiently waiting for signals that will arrive all too
quickly.
Transport look weak... DX will provide cover early in the week, Yields not so much...
Blink and you'll miss it - imho.
- HK
US30/DOW30 POWERFUL BUY COMMING....
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad
19 August: if trend line break ,dow will see 34000today fed news about reduce corona help (tapering) push dax,dow down
www.marketwatch.com
in green arrow we going to put buylimit with sl=80point trailstop=80
put sellstop in today low (under big trend) is good idea too with sl=80 trailstop=80
keep monitor AC on 4hour chart (dont trade with it, 6-7 month you must watch it and find its secrets,reactions)
16 August: powerfull buy limit place you must put china news comes very bad , this mean we will see down trend
www.forexfactory.com
most important green arrow ,buylimit place is above 35000 and 34000
after green arrow buy open,hold them 10 day to 35800
all sl=80 trailstop=80(after sl move to open price ,disable trail stop,let go up)
ALERT=IN LONGTERM DOW GOING TO 40.000,FOR THIS WE DONT ADVICE SELL ,99% LOOKING FOR BUY IN DEEP