US30 may CRASHWell crash is abit exaggerated but i think US30 will continue to fall throughout the week with alot of pips to be caught!
As you can see last week price failed to make a higher high and rejected a major resistance level, price has plumeted breaking all previous key levels and it doesnt look like its stopping any time soon.
We are currently breaking another support level, we are simply waiting for a break and retest nothing complicated thats how we like to trade here at AshFX, nothing complicated about that right?
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Us30-short
US 30 - DAY TRADE VIEW.US 30 - I am expecting a downfall here, Trade as per the levels mentioned on the chart, You can sell at the current market price or can wait for the support breakdown for a strong confirmation. Follow the levels as mentioned.
All the best cheers ....Happy trading
Traders, If you liked my analysis or have an opinion about this given levels , write in the comment section.
Thanks !!
US 30 - DAY TRADE VIEW.US 30 - I am expecting a downfall here, Trade as per the levels mentioned on the chart, You can sell at the current market price or can wait for the support breakdown for a strong confirmation. Follow the levels as mentioned.
All the best cheers ....Happy trading
Traders, If you liked my analysis or have an opinion about this given levels , write in the comment section.
Thanks !!
US 30 Weekly Analysis.Refer the chart for detailed analysis ;
US30 - Seems to be following the zig-zag pattern, last closing is on a weaker note. The approach should be SELL ON RISE and the proper stop and potential downside is already mentioned over the chart.Meanwhile I will keep posting DAY TRADE VIEW on this so stay tuned to get updates with any changes in the market scenario.
Traders, If you like this analysis hit the like button, and if you have any points to discuss regarding this trade, Write in the comment section.
Cheers..Happy trading..Thanks !!
US30 Market Forecast for the upcoming weekThis is my analysis on the Down Jones Industrial Average Index on a 4 hour chart. Pretty self explanatory.
Looking to catch the longer term downside move
Is it 96’?🤔... I have a Reasonable Doubt 🐻Summary
Touché. I just can’t knock the hustle 🤷🏾♂️. We told them bulls to fill the gap convincingly with high volume and closing candles. They tried. We watched futures this week as they sped through resistance line after resistance line in the overnight sessions.
Maybe they could take us higher? Well they tried.
Still no volume, still no broad market buying or fundamental economic changes in outlook. Certainly nothing that warrants a long positon. IMHO.
My Plan
Nothing much has changed since the last post.
Really im still focused on 3 indicators for this afternoon that could signal a big move (up or down.)
1. Volume relative to breakthrough @ S&R lines
2. Reversals of gaps (just saw 25200/25500 reversal) 15:00UTC
3. Institutions selling off “vaccine stock”
Do we roll over today? I don’t think so...
Unless we see more red flags
- Continue to take profit sideways.
- Targeting 20 pips in either direction (Ripn’dip mode) in the afternoon session.
- Holding all short positions down to the 23300/22800 TL
- If we close above 25500 but below 25600 (watch overnight Highs and Lows)
- If we close below 25200... expect to attempt the 25600 line again tomorrow before rolling back.
- Adjust stops up to stay in play for the big short - and play again tomorrow.
Currently Short Hedged at 3:5
Outlook
‘Twenty Two Twos‘: “Can the Short on the ‘US30’ work in the longer term?“
‘US30’: “can I live?”
I’ll confess the doubts are growing... but its not reasonable to assume long postion as yet - at least until the signals match up. Be your own judge and jury but ... “I’m out for dead presidents to represent me” - just like you.
Quote
“Only two things can get you through this: that’s patience and persistence.” – Jay-Z
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Disclaimer⛔️:
Please do NOT use my ideas as the basis for any financial investment.
These strategies are time, price and market sensitive and are intended for educational purposes only.
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Bio 🅱️:
Charles Sankara. Global Traveller.
Equity Day Trader. Founder. Ex-Company Director. 10yrs @ Global Investment Bank
London 🇬🇧
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Dow Jones US30 short - Supply Demand - Trend Line, Corona VirusHello Traders!
Time for Dow Jones US30 Analysis.
Chart Analysis:
On Dow Jones we had a huge drop due to the Corona Virus impact. But like we can see the price made nice move to the upside. For me this is only a correction move. It is right now about to retest the Trend Line. Also there we got a weekly Supply Zone. I also marked some important Support Resistance Lines.
What can we expect:
We can expect a big drop on US30. But for now we need to wait that the price will push again higher into the weekly Supply Zone and to wait for a nice Price Action Confirmation.
Why the drop makes sense?
#1 Based on the chart analysis we can clearly see that this is only a correction move. After such a big drop we need to see some correction.
#2 Corona Virus
- The impact of the corona virus. We should not underestimate them. They are here and they are going to come bigger and this will also be reflected on Dow Jones.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
US30 - Bull flag or Impulsive wave (Bullish scenario)Hi Traders,
After short break I am back ready to fight dragons and other scary creatures (like Trump) with my TA :)
So as you can see, entire Uptrend from low looks like bear flag. In my opinion can be market as first impulsive wave. Nearest strong support marked with green line (0.5 fib retracement.)
So we could dump to 21570 area. wait for abc corrective pattern visible on 1H TF.
I think entire move could be marked as ABC correction as well, so It will be next analysis (Bearish scenario).
Have a nice weekend ;)
US30 Short baby YEAAAAAHRide this roller coaster down and enjoy profit taking along the way! Who wants to be a millionaire????? Then lets go!!
Still Bearish on US30Given the current pandemic, I still have a bearish outlook on US30. The effect it's having on the economy is just beginning, IMO, things may and can get worse, but we'll have to see about that. As you can see, it was a rising wedge, then it sold off a decent amount. Price is currently in a demand zone ( former support) and is having trouble breaking through. I think this current retraceent we are in was bound to happen plus the release of the stimulus checks helped out a bit. Price has remained below the 61.8 fib level for a few days and it's even having trouble surpassing the 50% fib. Possible double top forming in the area we are currently in, then maybe a head and shoulders pattern will be created before a nice drop to the down side. Things may be totally different if a cure is found though, that will really shake the market up. What do you think? I'm very open to all opinions and other analysis !!
STOCK MARKET CRASH PENDING...price will bounce around 25k-30k before the next president is elected. Bernie sanders will win. once stocks start to tumble the crash will be put on the corona virus and upon sanders and his socialist stance. Crude oil will dip down to $42 per barrel. you heard it hear first.
US30 11/10/2019Hello Traders!
We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SmartMoney must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SmartMoney.
CHARTS AGENDA:
BITCOIN SIGN - MONEY POCKET - LIQIUDITY
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS - LIQIUDITY MARKUPS
BLUE LINES - ENTRIES WITH SMARTMONEY
MARKED LINES - PREVIOUS ENTRY POINT
BOX - GAP's
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Thank you,
GOD BLESS U ALL!