US30USD: Potential Buy OpportunityGreetings, Traders!
Brief Description🖊️: Bullish momentum is building on US30USD after a retrace into discount prices, with potential for upside continuation.
Things I Have Seen👀:
- Bullish Momentum📈: Gain momentum after retrace into discount prices
- Respected Discount Arrays📊: FVGs holding, indicating potential for upside move
- Price Action📈: Push to upside to take H1 buy stops, followed by retrace into FVG
Analysis🔍:
- Anticipating hold of FVG and continuation to upside
- First Target Objective📉: H1 buy stops
- Second Target Objective📉: Order block, importance due to liquidity void needing to be filled
What's Important Now❗:
Monitor price action around key levels for confirmation of bullish continuation.
Kind Regards,
The_Architect
US30
Study/Analysis of Correlated Assets: US500, US100, and US30Greetings Traders!
Study/Analysis of Correlated Assets: US500, US100, and US30
In this tutorial, we'll delve into the study and analysis of correlated assets, specifically focusing on US500, US100, and US30. Understanding the relationship between these assets helps determine whether Smart Money is accumulating orders or distributing them.
Key Concepts:
Symmetrical Correlation: Indicates a continuation in price.
Non-Symmetrical Correlation: Indicates a reversal in price.
Steps to Follow:
Identify Correlation: Analyze the charts of US500, US100, and US30 to determine whether they exhibit symmetrical or non-symmetrical correlation.
Symmetrical Condition: If the assets move in sync (symmetrical correlation), expect a continuation in price movement. This indicates that the trend is likely to persist.
Non-Symmetrical Condition: If the assets move out of sync (non-symmetrical correlation), anticipate a potential reversal in price. This indicates that the trend might change direction.
Chart Analysis:
In the provided chart, we observe a non-symmetrical condition, suggesting a likely reversal.
Using this concept as confluence enhances your market analysis. For instance, in the US30 chart, I am anticipating a draw towards the sell stops. By examining the correlated assets, I can confirm whether it’s safe to look for selling opportunities.
If the market condition is non-symmetrical, it suggests that the assets are likely to reverse, making my sell idea high probability.
Conclusion:
Using the correlation between assets can provide additional confluence to your trading strategy. It helps in anticipating whether the market will reverse or continue in its current trend.
Smart Money Divergence Lecture:
For a deeper understanding of this concept, please follow this link to a detailed lecture on Smart Money Technique:
Best Regards,
The_Architect
US30USD: Key Insights for NFP FridayGreetings Traders!
Brief Description🖊️:
Currently, on US30USD, I see the potential for a shift into bearish order flow. Price is at premium levels, indicating a possible sell-off from the bearish order block.
Market Analysis📉:
We have observed a bullish narrative throughout the week, with price reaching bullish objectives, including the bearish order block. For a detailed analysis, refer to the linked post:
Things We Have Seen👀:
This week’s bullish price action filled the liquidity void and tapped into the bearish order block.
Now, I am looking for confirmations that the order block will hold and if it does this will indicate bearish price action.
Bearish Targets📉:
The engineered trendline liquidity with sell stops.
Main draw: Daily sell stops.
What's Important Now❗:
This potential move could coincide with tomorrow’s NFP release. If the order block holds, we may see bearish momentum. If not, continued bullishness is likely.
Best Regards,
The_Architect
US Indices Weekly Forecast: Top Trading Strategies Revealed!Greetings, Traders!
Brief Description🖊️:
Join me in this video as we analyze what to anticipate this week on the indices US500, US100, and US30. We'll delve deeper into US30 to understand today's trading opportunities. We will explore various ICT concepts, including draw on liquidity, fair valuation, order blocks, and most importantly, Smart Money Technique (SMT) and engineering liquidity, where smart money uses retail patterns such as trendlines, support, and resistance to trap traders into making investments.
Things We Will Cover👀:
ICT Concepts🧠:
Smart Money Technique (SMT): Study and analysis of correlated assets.
Draw on Liquidity💧 : Understanding how liquidity is targeted and manipulated.
Fair Valuation📊 : Assessing the true value of price levels.
Fair Value Gaps : How to choose high-probability FVGs.
Order Blocks📦 : Identifying high-probability order blocks.
Engineering Liquidity 🔄: Analyzing how smart money uses retail patterns to manipulate market movements.
Trading Opportunities📉📈:
Potential Price Movements: Providing a comprehensive outlook on possible market shifts.
Strategies for the Week : Uncovering strategies that could make this week profitable.
If you'd like to further understand how to use SMT, please follow the link below.
Happy Trading,
The_Architect
US30 longWeekly;
Price has closed above 38,500 level which is massive zone of liquidity
Price has formed a head and shoulder.
This indicates that price is headed upwards to 39,100 which is the next daily level
Daily;
Price has closed above 38,500 or 38,550 which is a massive buy area.
It has retested that same zone twice with two candlesticks. If you zoom in on the wicks you can see that yesterday's candlestick formed a higher high in comparison to Monday's candlestick. This indicates that price is going higher.
4 hour;
Today price has continued its upward momentum, however, price is slowing down. Moreover, if I intuitively think about it, price is trying to go higher since there would be no reason for today's momentum to continue going higher, if there are no orders or momentum.
The slowing momentum tells me that price does not have enough orders to go to 39,100.
So if we zoom in and look for areas of possible entries, there are some.
First of all the daily body closure at 38,550 is a massive area of buying liquidity. It is also in sync with yesterday's 4 hour region that retraced to go and collect orders at 38,450. The highest probability entry would be if price tested 38,550 and formed a buy formation 38,625.
Another possible scenario is if price manages to close above 38,815 and retests it to confirm my bias, which will see me buy to 39,050.
US30 (Sensitive movements)Technical Analysis
The price movement will be influenced by the Non-Farm Payroll (NFP) and Unemployment rates. Based on current expectations, the price is likely to exhibit a downtrend, though the market may experience random fluctuations.
There is a possibility for a retest up to 38,790, followed by an upward push towards 39,050.
Bearish Scenario: If the price breaks below the support level at 38790, it could decline to 38580. Sustained trading below this level may lead to a further drop to 38400.
Bullish Scenario: Stability above 38,790 indicates a potential bullish trend, targeting 39,050.
Pivot Line: 38790
Resistance Levels: 39050, 39350, 39700
Support Levels: 38580, 38400, 38290
Today's expected movement range is between the support level at 38400 and the resistance level at 39350
Summary:
Downtrend Expected: Market influenced by NFP and Unemployment rates.
Potential Retest: Price may rise to 38,790.
Upward Movement : Post-retest, the price could push up to 39,050.
previous idea:
NASDAQ INDEX (US100): To The Next Highs
One more instrument that we discussed on the today's live stream
is US100 Index.
This week, the market updated the all-time high, violating a key horizontal resistance.
With a very bullish fundamental data, the Index has a nice growth potential.
Next resistance - 19300
❤️Please, support my work with like, thank you!❤️
US30 Will Grow! Long!
Please, check our technical outlook for US30.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 38,715.0.
The above observations make me that the market will inevitably achieve 39,991.0 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
DowJones US30 / DJ30 Bullish Money heist planMy Dear Robbers / Traders,
This is our master plan to Heist US30 Dow Jones Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Resistance & Order Block, So the Market is overbought / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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DOW JONES The bleeding may not be over. How low will it go?On our last Dow Jones (DJI) analysis (May 24, see chart below), we called for the high probability of a bearish break-out below the Channel Down, following the 1D MACD Bearish Cross (similar to April 02):
As you can see, Dow delivered, so our 38350 Target got hit, with minimum losses on the buy position at the bottom of the Channel Up. Yesterday's rejection on the 1D MA50 (blue trend-line) though, is far from ideal and opens the way for more downside.
The chart shows DJI's long-term pattern, which has been a Channel Up since the October 03 2022 market bottom. The periodic corrections through Bearish Legs have both declined by -9.25%, a striking resemblance indeed. Yesterday's 1D MA50 rejection basically resembles those of the past Bearish Legs on March 06 2023 and October 17 2023.
Ahead of the 1D MA50/ 100 Bearish Cross, which could be completed by tomorrow, there is high probability for a deeper Low, at least as Low as Support 1 (37250). This would be ideal as it would also make contact with the 1D MA200 (orange trend-line) for the first time in 7 months (since November 03 2023)!
After that though, we will turn into long-term buyers again, even though that wouldn't complete the -9.25% decline of the previous Bearish Legs, but in terms of R/R would be acceptable enough to aim for 40000 before the Channel Up goes for a Higher High.
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US30: First green day, three days cycleHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅ day 3 cycle
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day ✅
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside ✅
Backside
4. THESIS:
Long: primary, looking for a buy low setup going back to the previous HOW, completing the weekly dump and pump.
Short: secondary, market left a "gap" during the strong momentum push of Friday, I wouldn't exclude a short trade setup during the third hour NY (10am), if a buy low is presented.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
US30 longMonthly;
[/b
]There is no clear thesis. Price could go up or down.
Price has not retested the previous all time high. However, that is because it came across a high liquidity area on the weekly.
Weekly;
There are two thing worth noting on the weekly.
One is that price has formed a three pin pattern which might indicate that price is headed downwards
Second, is that the previous week's candle closed above a buy liquidity region at 38,500 and price may be headed upwards.
Currently price looks as if it will close above the 38,500 level and continue upwards.
To get a clear thesis of what is going on, I will have to go to lower timeframes.
Daily;
Monday's candlestick is pretty indecisive.
Two things are happening here.
One, price did not close above 38,630 level which would indicate that price is headed upwards.
Secondly, price has not given a convincing closure below 38,560 which would indicate that price is headed downwards.
Hence, there is no clear thesis on the daily and hence lower timeframe will give a better overall depiction as to where price is headed towards
4 hour;
New York session saw a lot of sell orders from 38,800 to 38,250.
From 38,250, we saw that price gained a rush of bullish momentum and it managed to close well above 38,450.
At the time of posting this, price is showing that it is headed upwards, however, orders are not enough to take it there.
I am waiting for a retest of 38,450 before we go upwards to 38,665
The target is 38,665. This is the target of the -27.2 fib level which is usually a high probability setup.
Moreover, if price closes above 38,800 which is Monday's high, then it is headed to 39,023.5
US30 (Consolidation zone) Technical Analysis
The price increased by approximately 1.95%, perfectly reaching our previously mentioned targets.
Today’s Outlook: The price is expected to consolidate between 38,580 and 38,790 until a breakout occurs.
Bearish Scenario: If the price breaks below the support level at 38,580, it could decline to 38,400. Sustained trading below this level may lead to a further drop to 38,050.
Bullish Scenario: Stability above 38,790 indicates a potential bullish trend, targeting 39,050.
Pivot Line: 38580
Resistance Levels: 38790, 39050, 39350
Support Levels: 38410, 38020, 37820
Today's expected movement range is between the support level at 38400 and the resistance level at 39050
previous idea:
US30 H4 | Bearish drop?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 39,353, which is a pullback resistance close to 61.8% Fivo retracement.
Our take profit will be at 38,617 a supoprt support level.
The stop loss will be placed at 39,898, an overlap resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
US30 Trading Plan - 02/Jun/2024Hello Traders,
Hope you all are doing good!!
I expect US30 to go Up after finishing the correction.
Currently US30 has given a nice impulse showing us that buyers are interested to enter the market for pushing US30 upside.
Plan to Trade:
If market starts to correct from current levels without going further to 39k level, then any correction towards highlighted zone will be a potential BUY.
The first target level to look for reaction will be 39k & if it corrects here then the next target will be around 39.5k level.
If market keeps on pushing towards 39k level before start to correct, then any correction to highlighted zone will be a potential BUY.
In this case the target will be 39.5k level.
Look for your BUY entry setups as per the above expectations.
Your follow and like will be a token of appreciation.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
US30 (Looks like bullish confirmation)Technical Analysis
The price dropped and reached our weekly target of 38,050, as mentioned at the beginning of the week.
Now, the price will likely attempt a retest up to 38,190 and 38,400 before potentially dropping again. The bearish trend will be activated by stability below 38,050, targeting 37,820.
A bullish scenario will be triggered if the price breaks above 38,790, aiming for 39,050.
Pivot Line: 38,675
Resistance Levels: 38,790, 39,050, 39,350
Support Levels: 38,410, 38,020, 37,820
Today's expected movement range is between the support level at 37,820 and the resistance level at 38,400.
previous idea:
DOW JONES (US30) LONGS NOT BAD IDEADuring the uncertainty and risk off environment, low GDP data didn't come unnoticed and big boys accumulated some equities after the huge Salesforce panic.
Today, with NASDAQ loosing almost 2% and 0.7% for SP500, DJ was accumulated, so I think we might see nice and strong reversal for the end of the week and month close.
Play safe and good luck!
US30 H4 | Bearish reversalBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at 39,355, which is a pullback resistance.
Our take profit will be at 38,761, an overlap support level.
The stop loss will be placed at 39.839, an overlap resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
US30 Market Shift: Bullish Targets and Key Liquidity ZonesGreetings, Traders!
Brief Description🖊️:
Currently, US30 has presented a market structure shift (MSS). Before this shift, we observed the price taking H1 sell stops, indicating that smart money has paired orders. This MSS suggests the potential for bullish institutional order flow. The price has since pulled back into an M15 bullish order block.
Things I Have Seen👀:
Market Structure Shift🔄: The price has shifted, signaling potential bullish institutional order flow.
Order Block Support📈: The price has pulled back into an M15 bullish order block.
Liquidity Void🕳️: Yesterday's price action left a significant inefficiency (liquidity void). Today's trading will aim to fill this inefficiency, with the draw on liquidity targeting the last point of efficiency, the H1 bearish order block.
Bullish Targets📉:
H1 Bearish Order Block: The primary target for filling the liquidity void.
What's Important Now❗
We need to observe today's price action to see if it fills the inefficiency and reaches the H1 bearish order block.
Best Regards,
The_Architect