US30/USD Longs from 38600.0My bias remains strongly bullish for US30 this week. We've witnessed another significant break in structure to the upside, accompanied by robust bullish momentum, reinforcing the prevailing trend. I anticipate a retracement back to a demand level to sustain this upward movement.
Upon reaching the daily demand zone, I'm eyeing a refined 10-hour demand zone for a potential bullish reaction. Additionally, I'll be on the lookout for a Wyckoff accumulation pattern within this area
My confluences for US30 Buys are as follows:
- Price broke structure to the upside once again leaving a clean daily demand.
- Overall trend and the current trend remain to be very bullish.
- Candlestick anatomy also shows that bulls remain stronger than bears.
- Can expect a pullback to mitigate the levels of demand.
- Wick left to the upside that needs to get filled and price has been moving impulsively.
P.S. We observed a minor sell-off two weeks ago, followed by a resurgence that breached the previous high. Currently, I'm not actively seeking selling opportunities. However, I wouldn't be surprised if price establishes a supply zone, offering a chance to sell back towards the marked demand zone.
Us30analysis
⤵⤵(US 30 uptrend pullback short bearish analysis)H ello traders what do you think about us 30)
(technical analysis forecast📉📈📊
Traders US 30 upstand if barekout 38749.14 big 🐻 baerish moment short 38022.02Test support pullback $$$ resistance level US 30 uptrend pullback short bearish I think testing 38166.13) 📉📈📊
short and what moment bearish) ⤵⤵📊📈 BLACKBULL:US30
level) last week US 30 upstand if barekout Big baerish moment 38k support breakdown buyers will pullback reset resistance 38800.00 price breakdown breakout level sellers rejected bearish well back) 📈📈📈📉📊 short target 38166.13 BLACKBULL:US30
Safe trade 🙏♥️ pales like and comment's don't forget next analysis fol low me 🤝
US30 Long Expecting a bullish then bearish to tap the orderblock @2900 then we set for a long term buy position.
US30 imminent shorts down towards 37700.0Last week, the US30 exhibited significant potential for a more favourable market environment, offering several promising trading opportunities. Following the completion of a Wyckoff distribution on a higher time frame, validated by a CHOCH, I anticipate a selling opportunity as the price retraces into a distinct 16-hour supply zone.
Although the price closed within the zone, it underwent a redistribution phase on a lower time frame, signalling a selling position. Presently, I am awaiting the breach of the upcoming Asian high to access a clean Order Block (OB) for initiating my sell position.
Confluences for US30 Sells are as follows:
- Price has completed a Wyckoff distribution on a higher time frame confirmed with a CHOCH.
- Clean unmitigated 16hr supply zone that caused market shift has been tapped into.
- Wyckoff re-distribution has taken place within the lower time frames.
- Lots of liquidity to the downside in the form of Asian lows, trendlines and equal lows.
- Price has been moving very bearish and it's getting exhausted hence why we got that bearish drop recently.
- For price to keep going up it must go down so we can expect temporary sells maybe down to a better demand.
P.S. While the market remains predominantly bullish, the recent downward movement was anticipated, signaling exhaustion of bullish momentum. This could mark the beginning of a bearish trend, presenting potential opportunities for short-term selling positions.
HAVE A GREAT TRADING WEEK AHEAD GUYS!
US30: Thoughts and Analysis Post-CPIToday's focus: US30
Pattern – Diagonal
Support – 38,135, 37,135
Resistance – 38,810
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the US30 on the daily chart.
What a solid run we have seen till yesterday's CPI data. After US CPI came in hotter than expected, this shocked the market and led to heavy selling on stock indexes and risk currencies with a flight to safety (USD).
We have broken down price action, price patterns and levels we are watching. Is this nothing more than a buying opportunity, or is this a potential momentum change?
Good trading.
US30 4H : Upward US30
New forecast
Yesterday, the index price achieved new historical gains by touching the level of 38124, then it was forced to form a temporary sideways fluctuation by settling near 38000. However, this will not affect the main upward path due to the repeated stability above the stable support at 37814.
The price may currently continue offering sideways trades until it gathers additional positive momentum to enable it to renew upward attempts, which may soon target the 38460 level, reaching the historical resistance extending towards 38850.
The expect range trading for today it will be between the resistance line 38460 and support line 37814 until stabilized .
support line : 37814 , 37645
resistance line : 38124 , 38460
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like❤️
DOW JONES ANALYSIS 💸DOW JONES 💸
Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
We are overall bullish on the dow , as we know price has to break & close below 38570 for us to consider taking Selling opportunities. We are currently in a ranging phase . I will be looking for a discounted price to get in on longs .
US30 Longs from 38380.0 back upMy bullish bias for US30 remains intact this week. Last week's analysis (Scenario A) unfolded precisely as anticipated. With another upward break in structure, I continue to anticipate US30 to sustain its bullish trajectory. Currently, having cleared liquidity at the recent high, a pullback to another demand area is foreseeable.
My focus shifts to the 12-hour demand zone near 38380.0, where an engulfing candle triggered the latest break in structure. This zone, lining up with the 0.78 Fibonacci range, offers a chance for a Wyckoff accumulation to formulate so we can ultimately buy back up.
Confluences for US30 buys are as follows.
- Price broke structure to the upside once again leaving a clean 12hr demand.
- POI also sits within the 0.78 fib range as well.
- Trendline liquidity is left on top of the zone, so once it gets swept we can then hopefully see a nice reaction off our zone.
- Overall trend and the current trend still remain to be very bullish.
- Candlestick anatomy also shows that bulls remain stronger than bears.
- Liquidity left at the new high in the form of a wick.
P.S. While buys are currently preferable, we mustn't solely fixate on one bias. It's essential to remain open to alternatives that could unfold. For instance, if bullish pressure weakens, price might sharply decline, signalling a shift in momentum to the downside.
I hope you guys found this post insightful, have a great trading week everyone!
US30 / 4H / TECHNICAL ANALYSIS CAPITALCOM:US30 The daily pivot is 37105, the first support is 38062, and the second support is 37764. As long as they do not fall below, my target is 38743.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
US30 SELLUS30 had tapped into supply zone and showed rejection and inducement at this supply. This was further confirmed by a close of 30min candle below the Doji and break below structure.
Upon seeing this I waited for retracment to zone with additional confirmation once I started to see rejection at the entry zone @38675.00 I entered with sl@38715 (Risking 40points)
TP1: 38590.00. TP2: 38550.000 TP3: 38500.000
Approach where Possible & respond to Price is to take Partials profits from TP2 onwards.
* Where has the market moved since I entered my trade? Slight Profits
* If I looked at the market now, would I take the same trade?Yes
* How do I feel about my trade? Feel neutral and slightly optimistic
* What do I like about this trade ? patiently waited for more confluence and good Entry
* What do I dis-like about this trade now? Choppy & slow
* On a scale of 1 to 10, where would I rate this Trade now? 7/10
* If I were not in a trade now, would I take the opposite trade ?No
Strong Bullish Momentum in US30
"📈 US30 Bulls Bucking Strong: Analyzing the Dow Jones, it's evident that we're currently witnessing consistent higher highs and higher lows, indicative of an uptrend market. Observing the week-to-week movements, prices show a rise of approximately 2% from low to high and a decline of around 1% from high to low. Given this, my market approach involves patiently waiting for a potential 1% price pullback. Subsequently, I would seek opportunities to go long, placing my stops below the previous low to target a gain of around 2%. Your support for my channel through likes, comments, shares, reposts, and cheers is sincerely valued. Thank you. 🙌🚀"
US30 Longs from 38200.0 or 37600.0 back upMy bias for US30 this week remains bullish, especially after it broke structure to the upside following the NFP release. This breakout formed a new demand zone, providing potential buying opportunities. Alternatively, if price doesn't respect this zone, it may decline further to breach the trendline near Point (A) POI and then reach the 3hr demand zone beneath it.
Currently, I anticipate a correction and pullback to facilitate the formation of a Wyckoff accumulation pattern within these zones. Once price shows signs of slowing down and demonstrates a clear change of character to the upside on lower time frames, I will start considering buy positions.
Confluences fro US30 buys are as follows:
- Price broke structure to the upside once again to the upside leaving a new 6hr demand zone.
- Liquidity left in the form of a wick above and price looks like it will undergo a retracement.
- Overall market structure on the lower and higher time frame still remains bullish as well.
- Sentiment analysis also shows US30 to be VERY bullish.
- Candlestick anatomy still shows how strong the bulls are in this market.
P.S. It's intriguing to observe the strong bullish momentum in US30. However, I remain cautious not to solely concentrate on buying opportunities, as I acknowledge the possibility of the bullish pressure waning and US30 transitioning into a possible bearish trend. REMEMBER TO ALWAYS BE ADAPTIVE!
Have a great trading week guys and lets catch these pips!
DOW JONES (US30) - Potential long ✅Hello traders!
‼️ This is my perspective on DOW JONES.
Technical analysis: Here we are in a strong bullish market structure, so I look only for longs. I want price to make a retracement to fill the imbalances lower and then to reject from bullish order block.
Fundamental news: This week is full of news in USA. Firstly on Wednesday we have Interest Rate followed by FOMC Conference, then on Friday NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
Dow JonesMain analysis on #DowJones US30 is this. We hit a ST top soon around 38,500-39,000.
Then we retest the 2021 high breakout before running straight parabolic all gas no breaks bears slaughtered all the way up to 44,150.
Then major 4th can hit. So Just be warned now. Once 36,400 flips into support there will be 0 rest for bears. It will be explosive and relentless. Like Toyota Supra filled with Nitrogen and twin turbo engine running at peak performance level.
And BigMike & BigMikes team will be Bulls, laughing all the way to the f**king bank. FYI 😉
US30 longs from 38000.0 back upGiven the strong bullish sentiment in US30 this week, the plan is to continue trading in line with the current trend. With recent price action breaking structure to the upside, it has formed a clear 9-hour demand zone. I'll be patiently waiting for a Wyckoff accumulation within this zone.
Once this accumulation pattern confirms on the lower time frames, I'll be keen on taking long positions, especially considering it aligns with a psychological level at 38000.0. Additionally, this zone has demonstrated an impulsive move, leading to a Break of structure (BOS). I anticipate this move to propel US30 to establish new highs.
Confluences for US30 Sells are as follows:
- Price has been overall bullish short term and long term so this is a pro trend idea.
- The 9-hour demand zone has caused a break of structure to the upside.
- There's some liquidity left to the upside that can be taken. Looking at the candle stick anatomy bulls are still looking more dominant.
- I anticipate a Wyckoff accumulation to occur during the ongoing pullback
- Sentiment analysis also sees US30 to be very bullish which is another confluence.
P.S. Given my strong bullish sentiment and the diminishing strength of bears, I wouldn't be astonished if price reverses. This market has been remarkably bullish for quite some time, so a reversal might occur to fill in imbalances or sweep liquidity left below.
US30 Longs from 37600.0 or 37300.0 back upUS30 recently broke out of its ranging zone, achieving new all-time highs and confirming an extremely bullish trend. This further strengthens the prevailing idea, prompting us to adapt and seek opportunities for buying to continue the upward trend.
We've identified two demand zones—one on the two-hour timeframe, close to the current price, and another (10hr) below, which is considered more ideal. The latter broke structure on a higher timeframe, swept liquidity, and is within the 0.78 fib range. I'll be patiently waiting for either of these two zones to explore potential buying opportunities.
Confluences for US30 Buys are as follows:
- Price needs to dip to a significant demand level for an upward rally to persist.
- The market trend is long-term bullish, aligning with this idea.
- New demand zones have been left on the (10hr & 2hr) which caused a BOS on the HTF.
- Price has taken ATHs confirming the bullish trend.
- Price has broken significant structure to the upside also reinforcing this idea.
- Imbalances below that need to get filled as well so a potential pullback does make sense.
P.S. Despite the prevailing bullish trend, it's crucial not to have tunnel vision and overlook the possibility of a bearish bias. With price absorbing all liquidity to the upside, there's a chance for a melt-off, potentially breaking through my demand zones and reaching the equal lows below them.