Us30analysis
US30 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The start of the Bearish wavesus30 hit the 61 level of fib extension making the wave 5 of the bullish move and with a big reversal pattern on daily time frame it could be the start of the bearish move with the break of the support it would be an interesting sell option.
DOW JONES (US 30) Dow Jones (US 30) daily analysis on 4H chart. Price is still pushing up as per the price move. It is currently at the support level. If the price respect the level, we will see a rejection and it will push up and if not, the price will break the support level and move down. Wait for the confirmation.
Dow Jones (US 30) Dow Jones ( US 30) daily analysis on 4H chart. Market direction at 4h chart, indicates that the price is moving up. One can see by the trendline that is being respected every time the price get to it. This indicates that we can look for buying opportunities in the market. If the price is going to break the resistance wait for the price to give you a retest before buying.
Dow Jones ( US 30) Dow Jones ( US 30) Weekly analysis on a daily chart. The price has currently breakout of the 8 months trend-line. This is indicated that the price may change the market structure as well as the direction. As we all know that we have been in a bearish move for sometime now. This may indicate that we will be starting a bullish move. Before one can act on any move, we need to get confirmation. The price need to give us a retest around or between level 33290.3 & level 32374.4 to confirm the breakout. if the area doesn't hold and the price continue to move down that will indicate to us that the breakout was a fails breakout and the market is still bearish.
US30 (High Probability SELL Setup SOON)!!
Here we can see clearly the next move for US30 today, we've got a clear Bearish Symmetrical Triangle, which shows us a clear SELL Setup SOON,
We're using M15 TF for a clearer view of our analysis, hence we can't predict the duration of the setup execution,
We've got our EP (blue line) & our TP (golden line),
Keep a close eye on US30 today, especially with the release of U.S. NFP at 1:30 (GMT+00:00) London Time Zone,
HAPPY PIP HUNTING TRADERS.
FXKIllA.
Flag not double top❗❗Many beginners traders are watching closely the markets after missing the move up so they sell it and wanting the market to reverse it all, you must be patient and know the pair you are trading on very well as well the markets how it works don't FOMO and as I said that's not a double top that's a flag in the making don't let the market take your money always do your risk management
US30 (High Probability BUY Setup SOON)!!!!
Here we can see clearly the next move for Dow30, By forming Inverse Head & Shoulder Reversal Pattern (W), Buying pressure from 33631 resulted in all the initial selloff being recaptured, An overnight negative theme in Equities has led to a lower open this morning, A break of bespoke support at 33650, & the move lower is already underway,
We're using M15 timeframe for a clearer view of our analysis, nothing more, therefore we can't predict exact timeframe our analysis going to happen,
We've got our EP (blue lines) & our TP (golden lines),
Keep a close eye on U.S. indices today as it's full of fundamental news, especially with Fed Chair Powell Speaks at 6:30 (GMT + 00:00 London),
HAPPY PIP HUNTING TRADERS.
FXKIllA.
Continuation pattern on us30 to the bearish moveafter breaking the symmetrical triangle down this will be a great potential to continue the move down for a sell option.
Short US30Simple following market structure:
-Weekly chart there is a formation of a bearish tweezer top, wanting on candle close.
-Daily the previous candle isa bearish engulfing candle
-Breakout and retest H1
* If it breaks my major Weekly zone (orange box) I will keep my bearish bias
* If the price fails to break the weekly key zone (orange box) I will look to buy.
OVERALL: Im selling until the previous HL to keep bull bias