Us30analysis
Dow Jones Index (US30): Sideways Movement & Forecast
Dow Jones Index is currently trading within a horizontal intraday range.
Its upper boundary was reached on Friday.
Testing that, the market formed a descending triangle formation.
The neckline of the pattern was broken.
I think that the consolidation will continue on the Index
and it will reach 34300 level soon.
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US30 Potential Bearish MovePrice reached daily resistance and formed strong bearish reaction. It broke previous low and formed new support 33600. Price is testing previous low and significant zone 33900. I expect to see bearish move, but if price breaks this zone then we will likely see bullish pressure.
US30 AnalysticHello everyone. I want share my idea about US30.
This week was little bearish for US30 after touch to serious and very strong resistance, but in my opinion US30 still bullish and it still have power for continue uptrend.
from here I opened my long position, last of the week we saw strong price movement first down then up.
for reach our target first we need to brake resistance at 34300, then 34500 which is the strongest resistance at the moment. lets see we need to wait only.
Here is nothing more to talk too much only trust to my strategy.
BE PATIENT!!!
US30 4H (bearish)US30
stabilizing prices above 34305 will support raising to touch34586 and 34767 and 35012
if the price stable under 34305 then the movement will be between 34140 and 33902
support line : 34140 , 33902 ,33594
resistance line : 34586 , 34586 , 34767
The expected general trend for today: is bearish
timeframe: 4H
US30 LONG - BIG BREAK OF KEY LEVEL!Wating for a retest of 34129 and expecting a bullish back to take out the wick at 34892 on the weekly timeframe.
If you agree drop a like and if you have any questions leave a comment :)
US30 4H (as noted the level rose)US30
as noted the level rose and remained the same until reached 34586 and 34767 and 35000
if the price stable under 34140 hen the movement will be between 33902 and 33594
pivot price: 34140
resistance price: 34586 & 34767 & 35000
support price: 33902 & 33594 & 33401
Tendency: bullish
timeframe: 4H
UPDATE US 30 ready to break above Ascending Triangle T 39,699Ascending Triangle continues to form on US 30.
It's looking great and we need that one strong catalyst to push it up further.
With the PPI, CPI and NFP out the way - now we can get better momentum for it to rise.
Price>200
RSI>50
Target 1 - 39,699
🚨 US30 HIGH PROBABILITY SELL SETUP SOON 🚨🚨 US30 UPDATE 🚨
* Here we can see the next potential move for US30 in coming hours or day.
* EP(SELL): 34310.84
* TP: 33916.36
* TP2: 33773.26
* No SL provided for this trade.
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FX KILLA *