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Us30analysis

US30/USD Imminent Shorts down towards 36600.0My bias for this weeks forecast is for US30 to see a temporary bearish move to the downside. As price has now slowed down, it shows that bullish pressure has now become exhausted. To add, we can see there was a clean 4hr supply which has triggered this initial bearish move. Having observed the expected retracement and correction back up to 37500.0, I now anticipate a price decline in my POI. This expectation is based on the objective to fill in imbalances below and sweep liquidity, including the previously established equal lows. Given the current holiday season, I also anticipate price movements to be slow and choppy. Confluences for US30 sells are as follows: - Tapped into a 4hr supply zone that has caused CHOCH to the down side. - Wyckoff distribution has been formed and validated via a CHOCH on the 15min. - Imbalance left below as well as liquidity to target such as the relative equal lows. - No reversal magnets above my POI which makes my setup more favourable for sells. - In order for price to keep going up it must come down to tap into some sort of demand level. - Rejection candle within our zone on the higher time frame reinforces that bullish pressure has now become exhausted. P.S. Even though my confluences are very strong for sells at the moment, we can't disregard a possible rally which breaks this 4hr supply zone. We have to remember that price overall is still bullish so we have to be cautious when trying to enter a counter trend trade like this. If you found this post insightful, be sure to drop a like and comment below your thoughts!!!
OANDA:US30USDShort
by Hassan_fx
1
Market Dynamics: Large Players Enter as Price Reaches Highs The price has been on a significant bullish rally, breaking historical highs. This suggests that the price has encountered strong buying interest, indicating the presence of buy-side liquidity. From a technical perspective, this suggests that a retracement may be imminent. As further confirmation, on the daily chart, we can see that the price reached the liquidity of its previous high and swiftly reversed, creating a breaker pattern. If the price continues to decline, it is likely to experience a shallow retracement to prevent buyers from recovering all their losses. Additionally, in the highlighted area, we can clearly observe a decrease in buying activity and an increase in aggressive short positions. This could be an indication of the involvement of institutional or large traders, and it's something to keep a close eye on. Furthermore, the catalysts scheduled for tomorrow add more weight to the possibility of a correction. In my experience, this type of price action often occurs before significant market-moving events. A significant correction is highly probable. For setting stop-loss (SL) levels, I've shared both aggressive and conservative ideas. I've also provided take-profit (TP) levels based on Fibonacci retracement levels at -272 and -618, with the last one indicated by the white line on the chart. Please note that trading involves risks, and it's essential to use proper risk management techniques and consider your own trading strategy and risk tolerance when making trading decisions. This analysis is for informational purposes only and should not be considered as financial advice.
CAPITALCOM:US30Short
by Wiiso
2
US30USD Longs from 36600.0 back upThis week's analysis for US30 is distinctly bullish, given its aggressive surge past the all-time highs (ATHs). I believe there's further upside potential, providing traders with opportunities to explore nearby long positions for potential gains. In the provided image, I've identified three potential demand zones where I'll be looking for an accumulation. Among the identified zones, the first is the 4-hour demand zone, situated closest to the current price. To maximise the potential for a positive bullish response, I am particularly inclined towards the areas surrounding the 11-hour or 8-hour demand zones at the bottom, deeming them as the most optimal zones. Confluences for US30 Buys are as follows : - Overall market trend on higher time frame as well as lower time Frame remains very bullish. - There are no additional supply zones above that the price can respond to, only demand zones where we can anticipate another upward rally. - So much liquidity to the downside that price has left including imbalances, asian lows, and trend lines. - Three clear demand zones have been established in close proximity to the current price, and it is highly probable that the price will exhibit a reaction from these zones. - Candle sticks on HTF are still very bullish carrying a lot of strong momentum which indicates buying pressure is still not yet exhausted. P.S. Despite the robust bullish performance of US30, marked by its attainment of all-time highs (ATHs), it wouldn't be unexpected for the price to initiate a bearish trend. This expectation is rooted in the substantial liquidity and imbalances that remain below. However, considering the absence of a significant CHOCH to the downside, I maintain a strong bullish stance on the market at present.
OANDA:US30USDLong
by Hassan_fx
1
US30 DOW JONES Technical Analysis And Trade Idea The US30 has exhibited a strong upward movement, recently reaching a significant resistance level on both the daily and weekly charts. This video provides a detailed analysis of this trend, meticulously examining price movements and identifying possible trading opportunities by thoroughly assessing multiple timeframes, ranging from weekly to as short as 15 minutes. Anticipate an in-depth review covering price variations, market trends, trend evaluations, and crucial technical analysis components. It's crucial to emphasize that the insights shared here are purely educational and should not be interpreted as financial advice.
BLACKBULL:US30
by fxtraderanthony
US30/USD Shorts from 36600.0 back down.Last week's price action exhibited significant ranging, mainly influenced by the proximity to all-time highs (ATHs). My current perspective is that US30 is actively generating liquidity, setting the stage for a bearish reaction once the daily supply is mitigated. This particular supply level holds substantial importance as it is the last on the chart, existing on a higher time frame and having broken structure to the downside. I anticipate a scenario where the price sweeps the top of the consolidation, touches my Point of Interest (POI), and subsequently descends towards the lower bounds of the consolidation and potentially even lower. Given the post-Non-Farm Payrolls (NFP) situation, I foresee a breakout from this range, initiating a trend and providing opportunities for traders like us to capitalize on. My strategy involves patiently waiting for a Wyckoff distribution to take shape in this zone, allowing us to secure a precise entry point for our bearish positions. Confluences for US30 Sells are as follows: - Price is near daily supply which has caused a BOS to the downside on the higher timeframe. - There lots of liquidity lying below in the form of EQLs, Asia Lows, and trendline liquidity. - The bottom part of the consolidation also holds lots of liquidity so we can target as T.P levels - Wyckoff distribution is pending and still hasn't been formed yet on lower time frame. - NFP event has also passed so now we could possibly see the real moves play out. - Price has been very bullish recently and now bullish pressure is getting exhausted. - This consolidation is a great sign that price might be looking to reverse soon. P.S. I acknowledge the possibility of the price breaking the bottom first and interacting with a demand zone, triggering a bullish rally that could eventually exhaust the supply. It highlights the importance of adaptability. I'm closely monitoring multiple potential scenarios and adjusting my approach based on the direction the price may take. This approach enables us to identify more frequent opportunities in the market.
OANDA:US30USDShort
by Hassan_fx
US30/USD Longs from 36000.0 up to 36750.0US30 has followed the anticipated trajectory, and I foresee it reaching all-time highs (ATHs) very soon. However, given the recent impulsive upward movement in price, a pullback is likely imminent. This presents an opportunity for us to capitalize on, considering the presence of an 8-hour demand zone where the price could retreat to, regaining bullish momentum for another rally. Conversely, there's also a possibility of the price surging directly into our daily supply zone, prompting a bearish reaction. While I anticipate the eventual failure of the daily supply, I can foresee price declining from that zone, providing potential selling opportunities. Confluences for US30 Buys are as follows: - Price has been impulsively bullish to the upside carrying lots of momentum. - Overall trend on the higher time frame and lower time frame both show a bullish trend. - Price left an 8hr demand zone for us to take buys from up to the ATH's - Due to recent impulsive upward movements, a pullback in price is imminent. - For the price to gather sufficient strength to reach all-time highs (ATHs), it must retrace back to a nearby demand zone. P.S. As the price approaches all-time highs (ATHs), it wouldn't be surprising to witness a consolidation. In such a scenario, I anticipate a significant reaction from the daily supply, given its HTF significance. Conversely, should the price quickly exceed the latest supply zone, choosing buy positions would be a more feasible approach. HAVE A GREAT TRADING WEEK AHEAD!
OANDA:US30USDLong
by Hassan_fx
1
US30 Longs from 35100.0 up towards 35600.0My bias for US30 is bullish, hence why we are looking forward to the nearest buy opportunity which will be the 14hr demand below. This zone has caused a BOS to the upside meaning once a correction back down is complete, it will hopefully mitigate our POI where we will be able to enter buy positions. But we must wait for our lower time frame confirmations like Wyckoff. There's a long wick that hasn't got filled in which I see as liquidity hence why I haven't got any near by supply zones however, we can catch buys up to that (7hr supply) so we can eventually sell back down. Nevertheless, price could go lower as price has been very impulsive and it has left quite a few imbalances below. So we could see a mitigation of a cheaper zone like the 10hr. Confluences for US30 Buys are as follows - Overall Market trend (short term and long term) is both bullish, matching my bias. - For price to keep going higher it must create a pull back in order to create a new leg. - Price has CHOCH and caused several BOS to the upside confirming the trend. - Liquidity has been swept already so there's enough momentum for price to push upwards. - Price left a 14hr demand at a psychological level of 1990 that caused an impulsive move up. - Pending Wyckoff accumulation to play out as price is not near my POI as of now. P.S. I don't personally see a current near by supply to take sells from so I would rather wait for price to "show me its hands" and take it from there. In addition to this, Price is between a lot of liquidity right now and we might just see a consolidation but, we have to always remain adaptive hence why we have spoken about both scenarios that could play out.
OANDA:US30USDLong
by Hassan_fx
1
US30 4H: Uptrend US30 New forecast The index price recently surrendered to the control of the sideways tendency, although it was affected by the strength of the barrier at 35107. We note that it recently presented a weak sideways fluctuation , and we note that the upward trend In Control because the price trade above 34768 Therefore , we have to wait until breach the resistance line and stabilized above it 35107 and then will help the price to reach 35257 and 35400 levels .taking into account that stabilized under 34768 level will put the price under sell pressure . The expect range trading for today it will be between the resistance line 35107 and support line 34768 until stabilized . Additionally Today ,New York sessions will affect on the Indices . support line : 34768 , 34635 resistance line : 35048 , 35107 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:US30USDLong
by Arazmajeed
10
DOW JONES 💸 DOW JONES 💸 Chart : 1Hour Overall Trend : Bullish Current Market Structure : Consolidation Scenario 1 : •Market is overall bullish , let’s see if our 1H demand area holds & is respected . For possible Longs positions taken if the SWING LOW is not Broken , Targeting 35100 . Scenario 2 : • If we do get a break BELOW our swing low , we could look for possible Short positions in the market . Anticipating price to fill the imbalance in the market . Target being 34400.
CAPITALCOM:US30
by Brehayne_
US30/USD Shorts down towards 34400.0 (possibly lower)From my US30 analysis we are currently approaching a key level of supply, even though we are very bullish the market requires a pull back in order to mitigate the inefficiencies left below, Hence why I am temporarily bearish this week. I see price reacting from the daily supply and dropping towards 34400.0 or even lower to more discounted zones in order for price to continue in its bullish trend upwards. As of current price I would be waiting for a distribution to play out on the lower time frame and a clean CHOCH because we will be counter trend trading back down. As of my designated target, there is lots of imbalances as well as liquidity in the form of asian lows. Confluences for US30 Shorts are as follows: - Price about to tap into a daily supply zone that has caused a BOS to the downside. - Current price has swept lots of liquidity (EQHs) and has taken out swing highs just below. - Price is premium so it's ideal to sell from this daily supply zone that we are approaching. - Lots of liquidity to the downside as well as imbalances that needs to get taken. - Price has been moving bullish and requires a pull back if price wants to continue in uptrend. - Price is slowly distributing before the mitigation of zone but pending a clean CHOCH. P.S. we are at the top of this internal structure that has caused a huge break of structure to the downside in which price is more probable to react from. As we have entered a premium POI I would be looking at imminent sells soon as possible once my confluences are met.
OANDA:US30USDShort
by Hassan_fx
US30 presents temporary sideways fluctuationHello everyone,The index price recently surrendered to the control of the sideways tilt, despite its repeated positioning within the axes of the ascending channel, to be affected by the strength of the additional barrier positioned at 35120. We note that it recently presented a weak sideways fluctuation by settling at 35000. We would like to remind you of the importance of the stability of the support for the ascending channel extending towards 34910, so that this increases the chances of the price exceeding the previously mentioned barrier, and by achieving the required breakthrough, trading will extend directly towards 35255 and 35490. As for the price falling below the support and presenting it to a negative close, this will force it to activate the downward corrective path, so we expect it to incur many losses that may begin. Resistance prices: 35254 & 35442 & 35699 Support prices: 34728 & 34469 & 34084 The general trend expected for today: bullish with stable support
EIGHTCAP:US30Long
by Evar_Mayi
2
US 30 4H : UPTREND US30 New forecast The index price rose and activated the positive path in Friday’s trading by rushing above the 34185 level, suggesting an upward trend during the coming period. Therefore the uptrend scenario will be remain valid and effective supported by moving average 50 that is support the price towards rise so our target will be 34249 and stabilized above this line will support the price to reach 34432 , taking into account that stabilized under 34000 will put the price under sell pressure again , also it is possible to do a retest and then rise up . The expect range trading for today it will be between the resistance line 34292 and support line 34000 until stabilized . support line : 34185 , 34000 resistance line : 34292 , 34432 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:US30USDLong
by Arazmajeed
16
US30 confirms the positivityHello everyone, Despite the weakness of recent trading in the index price and its fluctuation near 35050, its positioning within the axes of the ascending secondary channel shown in the attached drawing and the stability of the support represented by the level of 34728 confirms the positive continuity for the upcoming trading. Currently, with the Stochastic indicator presenting positive momentum as it rushes towards the 80 levels, the price will be able to overcome the stable barrier at 35050, opening the door to reaching additional stations, which may start from 35245 and reach about 35442 in the medium-term trading. Pivot Price: 35050 Resistance prices: 35254 & 35442 & 35699 Support prices: 34728 & 34469 & 34084 The general trend expected for today is bullish
EIGHTCAP:US30Long
by Evar_Mayi