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Keylevel

US30 Week 38 (18/09/23 to 22/09/23)Hi Traders, Lets look how the Dow Jones play out this week. Monday We open at 34639 area. Sideway for almost the whole day making the strongest move after NYSE open, peeking through the previous key level resistance 34693. Tuesday Price open similar level as Monday. Maintaining sideways till London Session. Tested again the 35693 Resistance before make a vast drop breaking a previous key support 34504. Reaching another key support area which is 34287. A bullish rally begins from that area returning to 34504 area. Wednesday Price open at the key support level. By London open, US30 continue its bullish rally breaking previous key resistance 34693. A new High was created at 34781, FOMC pushed price down back strongly breaking many previous key levels. Thursday Continue its bearish movement breaking a previous key level 34287 Support which by end of the day became a Resistance. Price continue its bearish trend till it reaches 34024 which was the August Low. Friday The day was mostly sideways. On US Session, it made a new Lower low at 33944 closing the day and week near that area. Thank you for checking this chart out. i hope the key levels that i share will bring benefit to you. Like and follow if you like my chart. Till next week. Enjoy your weekend
BLACKBULL:US30
by GoldQuestCharts
XAUUSD - Price Action - Today's Key Zones - London/NY SessionToday's potential trades for #XAUUSD - OANDA:XAUUSD It's around 40 pips between today's support/resistance zone. If there's no breakout, we may have to trade within this range. If there is a breakout of today's support/resistance zone, it will come at these levels. 📈Potential Buys on close above 1938.211 📉Potential Sells on close below 1934.294 Once the price has closed above/below, we will look for an entry on a smaller timeframe. Our targets for today: Buys: Close Part of your trade/TP1 at 1942.879 and set SL to BE (or at around 20-40 pips) Close Full/TP2 at 1949.477 (or at around 70-100 pips) Sells: Close Part of your trade at 1930.096 and set SL to BE (or at around 20-40 pips) Close Full at 1924.891 (or at around 70-100 pips) Happy trading all 🤑
OANDA:XAUUSD
by n0madtrader
SP500 / US500Did we get a right shoulder invalidation of the possible SP500 head and shoulders patterns? It is quite early to suggest that. We need the right shoulder to prove itself and work as support to give me more conviction. As long as we stay on top of the right shoulder ~4470 I am carefully bull. If we fall back under it I'm waiting for a test of the neckline ~4340. In this situation price probably would break it and tests the big support 4195 area. As long as we stay on top of the ~4180 I am long term bull If you trade use stop losses! 1st mistake novice traders do is that they don't use them and gets their ass burned! -PalenTrade
CAPITALCOM:US500
by PalenTrade
5
Ethereum Bounce @ Weekly Resistance Zone $1,915 🗞️The Monthly candle is a Doji candle and with Eth's recent rise has returned back to Break Even on the Month. I'm anticipating that we will have some trouble breaking the $1,915 Weekly supply zone created on the week of May 29th. Ethereum's recent rise of 17% compared to Bitcoin's 25% has been quite disappointing for a smaller market cap cryptocurrency. Although we have broken out of a recent Bearish channel, I can see price pulling back before heading towards medium term highs at $2,121. Additonally we can observe the 2 most recent daily candle's have are shooting star - like candles. The top wick's on each candle being larger than the body of the candle. A Coincidence that these candles have printed at our weekly supply zone $1,915? Bearish Monthly target for July is $1,660 Favoring Downside Because of Weekly Market Structure Pointing down. Target's through rest of June and July are Take profit 1 : $1,786 Take profit 2 : $1,730 Take profit 3 : $1,660 If Wrong, Firstly Cut losses short and the Bullish Monthly target for July is $2,121
COINBASE:ETHUSDShort
by ShrewdCatfx
2
XAUUSD - Price Action - Today's Key Zones - London/NY SessionToday's potential trades for #XAUUSD - OANDA:XAUUSD It's around 60 pips between today's support/resistance zone. If there's no break out, we may have to trade within this range. If there is a breakout of today's support/resistance zone, it will come at these levels. 📈Potential Buys on close above 1907.84 📉Potential Sells on close below 1904.13 Once the price has closed above/below, we will look for an entry on a smaller timeframe. Our targets for today: Buys: Close Part of your trade at 1911.03 and set SL to BE (or at around 20-30 pips) Close Full at 1914.51 (or at around 70 pips) Sells: Close Part of your trade at 1898.07 and set SL to BE (or at around 20-30 pips) Close Full at 1893.87 (or at around 110 pips) Happy trading all 🤑
OANDA:XAUUSD
by n0madtrader
Looking 2 weeks out / EurusdThe Weekly candle last friday closed below 1.1024. After today July 31st, we can also observe the monthly candle just closed below 1.1024. The monthly candle left a very large top wick but ultimately closed below 1.1024. 1.1024 is our May Monthly resistance zone as well as our weekly resistance zone. The market has now confirmed a fakeout on the Daily timefrmae and has created a resistance with the most recent Daily bearish candle. The Bearish candle retested and rejected the top of the range being 1.1024. I'm anticpating that Eurusd will now head towards the bottom of the range around 1.09 weekly support level and 1.085 daily support level.
Short
by ShrewdCatfx
5
Lower Prices of structure 🤔 / EurusdUSD strength appears persistent as we move into the 3rd daily candle of the week. Manufacturing data was released and was worse than expectations. Eurusd duly corrected up in favor of the EUR +16 pips initially before price climbed +45 pips through the daily candle transition. This is unusual for a move to occur like this during the 1st hour of trading during the new daily candle. Price climbed to within 4 pips of our weekly resistance level 1.1024. As spreads calmed down, Eurusd has only seen sell pressure correcting down in favor of our bear trend by 35 pips at this point 1.0983 currently. This is alot of volume during asian session and so I'm anticpating a wild upcoming london and NY sessions. We have ADP , estimated employment data tomorrow during NY which may act as a catalyst to drop back towards 1.09488. 1.0948 4hr zone is playing a key role this week and will likely ultimately determine our direction with NFP at the end of the week. It is important to note that price bounced from our daily support level today 1.09765. This bounce coincided with missed expectations USD manufacturing data. what a coincidence ! I like the engulfing candle that we observed during asian session and this sways me to favoring a continued range as we move into major employment data on Friday.
Long
by ShrewdCatfx