US30 DJ30 DOWJONES ROBBERY PLANHI Traders,
NFP Trade master plan to Heist US30 Market. my dear Looters U can enter after the NFP data there is high chance to go down side, Our target is Green Zone if it goes bearish side, Bullish side our target is Red Zone that is High risk Caution Pullback area, If There is any Bad news it make our heist very sad and if the news is favorable for us then we can continue our looting from there with help of trailing stop.
My dear Robbers please book some partial money it will manage our risk. Be safe and be careful.. Make money and take money.
Dowjones
US30DAILY
Just had an expanding wedge and price is building more into the wedge. 38655, shows us further price movement to possibly the upside.
4H
38600 is a form of some support, look left and you will see the test / rejection and sensitivity around this price. The expanding wedges are just giving us signs that there's bearish pressure when they happen. So we are adding to our confluence.
1H
38555, bouncing here and rejection. This should not tell us that we are going up, it's just indication to stay watching.
15Min
Stay away
NB!!!!!!!!!
NFP FRIDAYS WE ONLY TRADE AFTER NFP TO AVOID DOING THE WRONG THINGS.
BTCUSD 4hr Sell pressure is coming! Watching to see if BTC will break below the triangle and continue the "M" pattern. Super clean bearish structure. Let's hope for NFP week to drop BTC out of the sky. With a Hawkish expectation on the DXY, I can only imagine a fakeout. The Feds will stir up the DXY to create a Bloody Friday
US30: Dow Jones Retreats After Double Top FormationThe 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 levels, indicating potential pullback zones where sell limits have been set to capitalize on retracement opportunities.
The recent softness in US services activity data has provided a degree of respite for investors, who have been increasingly apprehensive about the implications of robust US macroeconomic indicators on Federal Reserve monetary policy. Specifically, the US ISM Services Purchasing Managers' Index (PMI) dipped to 51.4 in March from 52.6 in February, contrary to market expectations of a marginal uptick to 52.7. Furthermore, the Prices Paid sub-index receded to 53.4 from 58.6, marking its lowest reading in years and indicating a disinflationary trend in the economy. These figures have somewhat counterbalanced the impact of strong ADP employment data and hawkish remarks from Federal Reserve Chair Powell and Atlanta Fed President Bostic.
In light of these developments, our strategy revolves around anticipating a pullback from the previous zone area, followed by a renewed downward movement. This tactical approach aims to capitalize on market dynamics and potential retracement opportunities, aligning with broader market sentiments and macroeconomic indicators.
As market conditions evolve, continued monitoring and adjustment of strategies will be essential to adapt to changing dynamics and capitalize on emerging opportunities in the Dow Jones Industrial Average.
US30Daily
The beginning of a reversal (to the upside) the completion of todays candlestick will help confirm that. It looks to be forming an evening star right at the top of the resistance which adds to our confirmation.
4H
We definitely are still on the right track but we are still just slightly early.
Got the test of the previous resistance (39620) correct just days later
1H
Expanding wedge during a bear channel, yet it is a bullish trend. So we either anticipate this as a reversal (to continue the bear run) or we see this as a reversal to bring back the bulls in the market.
15Min
Wait and watch
Hellena | DJI (4H): Long (update the top of wave 3 39980).Dear colleagues, it is possible that the price will update the local low and finish wave 4 a little lower, which means that we will have an opportunity to enter a long position more favorably! The target remains the same - to update the maximum of wave 3 39980.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | DJI (4H): Long (update the top of wave 3 39980).Dear colleagues, it is possible that the price will update the local low and finish wave 4 a little lower, which means that we will have an opportunity to enter a long position more favorably! The target remains the same - to update the maximum of wave 3 39980.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
DOW JONES Sell the MA50 (1d) break out.Dow Jones reached the top of the late 2022 Channel Up and is already on a 3day rejection.
If it crosses under the MA50 (1d), the strongest short term sell signal emerges.
Trading Plan:
1. Sell if the price crosses under the MA50 (1d).
Targets:
1. 38050 (Support A).
Tips:
1. The RSI (1d) is testing the 58.47 level. Past breakouts under this level have coincided with MA50 (1d) break outs, so use it as an additional sell signal.
2. The strongest long term buy entry has been when the RSI (1d) breaks under the 30.00 oversold limit.
Please like, follow and comment!!
Dow Jones - Looking To Sell Pullbacks In The Short TermH4 - Bearish convergence.
Expecting short term bearish moves to happen here.
H1 - Strong bearish momentum.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Dow Jones Industrial Averages Weekly Technical Analysis(1) We have witnessed a sharp fall from 29,500 level in Feb’20. This was almost 38% fall from the top. Market had gone in a oversold zone.
(2) Around 18,300 level, price found a support and bounced back from this level.
(3) With an upside rally, price managed to breakout its previous resistance.
(4) After the breakout, we have seen a sharp upside rally further and the price reached at 36,950 level.
(5) A corrective decline has been seen from there and the price started making lower highs and lower lows at reached to 28,800 level.
(6) Price again bounced back from there and gave a upside move.
(7) In this entire consolidation phase, a Cup & Handle chart pattern has been formed, which gave us positive indication.
(8) With a strong breakout of the Cup & Handle pattern, price started its journey upside.
(9) Currently the price is standing near its All Time High. More upside move is expected from here.
🔥 #NASDAQ - Target Reached , What's Next ? (READ THE CAPTION)By checking the Nasdaq index chart in the 4-hour time frame, we can see that the price started falling from the desired supply range exactly as we expected and hit the targets of 18150 and 18090 and even corrected to 18000! The efficiency of this analysis has been more than 380 pips! The level of demand in front of the price range is 17800 to 17970 !
The Main Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
🔥 #NASDAQ - More Fall Ahead ? (READ THE CAPTION)By checking the Nasdaq index (NAS100) chart in the 4-hour time frame, we can see that the price is still being corrected based on the previous analysis, and if it stabilizes below the level of 18290, we can expect a further drop from the price, whose Its targets will be 18150, 18090 and 17950 respectively!!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XAUUSD - GOLD 1hrSimple trading:
M - Pattern "Double top"
We look to sell gold for a correction. Gold is respecting the trend, but if the price fails to break above 2265, it could see a possible downside after its massive bullish impulse.
When U.S. bond yields rise:
- Gold prices might decrease as investors find bonds more attractive due to higher returns.
US30So wrong or just too early.
Mid way we were moving following our analysis and the bulls just gained energy but that's okay. I did have quite a bad week so it would have affected my thoughts.
Currently 39450, were we anticipated the major drop is where we can adjust and rework our analysis from 1W down to 15min.
Weekly we have a strong bearish candle, which looks to be engulfing the previous week. It's cause of sign because it is happening at the top of the trend.
Daily we had an evening star, that further adds to our analysis and believe of the bears.
4H we had a double top, indicating the fall (39900 being the ceiling). If we get a neckline (39300) break then we off to the races.
1H we'll wait for 39260.
Trade Idea: Wait
Weekly Momentum On Major Pairs (Week 13/2024)
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Neutral
Gold & Silver: Very Bullish
XXX/JPY: Neutral
Stock Indexes: Neutral
BitCoin/ETH: Very Bullish
Week 13 (31/03/2024)
US30 Bulls still holding strong (buys potentially from 39400.0)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 high, or it will retrace to address a significant demand level. In the event of a retracement to the demand level, I'll wait for lower timeframe confirmation before preparing long setups, targeting either new highs or significant liquidity points.
Confluences for US30 Buys are as follows:
- Price broke structure to the upside once again.
- Lower and higher time frame remains extremely bullish.
- Clean nearby demand zone on the 18hr or 21hr.
- New high is close by which is a strong level of liquidity tat is lying there.
- After this imminent retracement we can expect a new rally.
P.S. I strongly favor the bullish trend due to several recent breaks of new highs. Additionally, there are several demand zones that have yet to be mitigated. However, given the impulsive nature of price movements, I wouldn't be surprised if we witness further upward momentum, potentially breaking the high once again.
Have a great trading week guys!