US 30 weekly analysisUS 30 weekly analysis on 1D chart. Based on the structure of the market. it is bearish and the current move is a correction. If the price respect the trendline as it has done before we will see the price going down very strong, but if the price break the trendline, a new structure may be formed and giving us a bull market. One need to wait for the confirmation before acting in buying or selling.
Us30analysis
US30 28/10/2022The price currently moving in an uptrend channel while its also facing support at 31851 & resistance at 32125. Now a breakout of the support could mean a breakout of the uptrend channel. so if price continue to respect the resistance & closes below the support on a 30m TF atleast, then it could continue pushing down to the next support zone at 31612.
Similarly if price respects the support & closes above the resistance then it could continue pushing up to the previous high at 32307.
US30 possible sell zone!US30 4H has primarily rejected monthly resistance with a long wick candle creating a lower high with a monthly resistance level. As the long-term price action is bearish, it is a high probability that upon rejection from the long-term resistance US30 will drop to the nearest support level. Upon rejection and price action confirmation, we may have a selling opportunity!
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US30 (High Probability SELL Setup Soon)Here we can see clearly the next move for US30,
* Prices have continued the bullish move higher & resulted in 3 consecutive positive days.
* This has resulted in signals for sentiment being at overbought extremes & we look for a move to the downside.
* A lower correction is expected.
* A break of 31690 bis needed to confirm follow through negative momentum.
* We got our EP (blue line) & our TP's (golden lines).
* Keep a close eye on US30 today,
* Happy pip hunting traders
US30 possible buy zone!!US30 has broken out of the local resistance level and started reversing to the upside. Currently, the price on the 4h has formed a bullish market structure creating a series of higher highs and higher low heading to the monthly resistance level. It is highly likely price will continue to rise and the bullish setup is highly probable on the test of the previous resistance as support.
Potential Reversal for the US30 after breaking the support DownWith a double top on 1h time frame, a divergence on 4h and breaking this support down it will be interesting for a sell opportunity.
tp1 at 38% of Fib SL -20 pips and it will be a risk-free trade,
close half at 50% of Fib and let it run until 61%.
US30 Buy LongHistorically, the United States Stock Market Index (US30) reached an all time high of in January of 2022.
US30 Prediction H1Here is my view for US30 on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
US30 Long: Uptrend Overall Uptrend
Entry on possible HL after it breaks the resistance
Tp on the next resistance
SL at the previous HL
DOW JONES (US30) - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on US30 .
Here we are still in the bearish market structure, so I am looking only for shorts. I expect price to continue the retracement to fill the imbalance and then to reject from bearish orderblock.
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US30 (HIGH PROBABILITY SELL SETUP SOON) Here is a new update from our previous post on (US30 High Probability Sell Setup) on Friday Oct 20 / 2022, which didn't take place on that day or yesterday as investors this week remain laser focused on earnings from the biggest technology companies for further clues into the health of the U.S. economy, with the CB Consumer Confidence Index is released today at 3:00 pm (+01:00,BST), while the Dow Jones Industrial Average (US30) is struggling for a certain direction since yesterday, but here we can see clearly in our H1 time frame a clear divergence from the actual price action on the chart, we still got our EP (blue line) & our TP (golden line) from our previous post on October 20 / 2022,
Keep a close eye on US30 today,
Happy pip hunting traders.
Potential correction for the US30 after breaking the support down, it will be interesting for a sell option for the correction of the big up move that happened Friday with breaking down of the cci %R and rsi for a more confirmation.
Use proper risk management and close half on 38% Fib level SL entry, full target at 300 pips
US30 New Entries + Exits (Best Reverse Strat)My forex course regarding my strategy in full is now AVAILABLE!
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How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
US30 MARK UP | OCTOBER 24-28, 2022Red Folders:
Oct 24 = Flash Services PMI (SLIPPAGE-FREE)
Oct 25 = CB Consumer Confidence (SLIPPAGE)
Oct 27 = Advance GDP q/q (SLIPPAGE)
Oct 28 = Core PCE Price Index m/m (SLIPPAGE)
The End of the wave 4 Dow to the ground Dow has already make the wave C of the wave 4 and its starting to reversing for the wave 5 of the Eliot waves, with a price action reversal + breaking down of the indicators for a more confirmation.
TP1 on 38% of Fib level, TP2 ON 50% level for a target of 473 pips.
Full target 26778
US30 is in possible sell zone!!US30 has formed a strong bearish price action after multiple liquidity grabs and false breakouts. Currently, on the hourly chart, the price has formed a head & shoulder on the resistance level with bearish engulfing followed by a Doji. It is a high probability that the price will continue to drop to the next support level as the long-term trend is bearish and the price has a strong downward bias. Upon candle close, a sell trade is high probable.
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US 30 daily analysis US 30 daily analysis o 1H chart. the price is currently on the sideway move, which mean a breakout is going to take place. One need to wait for it. Pay attention to the two levels of support and resistance if one is broken one take a buy or a sell it will depend as to which one that is broken.
US30 Short: Daily Trend Line Resistance, Range 1- Overall Downtrend on 1D
2- Price is currently testing the daily trendline resistance
3- There is also a strong Daily resistance
4- Range bound for last 3 days
5- Will go short once the price breaks the support area
US30 20/10/2022US30 currently ranging in between 30793 as its resistance & 30266 as its support while also retesting a HTF downtrendline. Now a breakout of the ranging Phase might determine whether US30 will continue moving down in respect to the downtrendline or make a breakout of the trendline to continue pushing up.
So if the price makes a break & close below the Support zone of the ranging phase, atleast on 1HR TF, then we can start to look for trades on the short side in short TF like 15 to 30 MIN TF in hopes of price continue to push down in respect to the downtrendline to retest the next support level at 29620.
However if price respects the support of the ranging phase & closes above the resistance, then it would be a breakout of the downtrendline & we can look for trades on the long side expecting price to continue pushing up all the way to retest the next HTF key zone at 31660.