US30The Dow Jones symbol has entered a downward trend, which has moved its highs into a short position. It is likely that the price will correct up to 38800 and continue its downward trend from there until it reaches the important support of 35000.
Us30analysis
DOW JONES ANALYSISChart : 4Hour
Overall Trend : Bearish
Current Market Structure : Downtrend
Scenario 1 :
Price is currently trading to the downside . Creating new LL & LH . We will be looking for selling opportunities in the market as I would like price to trade into a more premium area ,Therefore mitigating a OB or Supply Area & continuing towards the downside .
US30 2024/04/1515min Bearish range, still looking to short within range of POI's, fundamentals is key tho. POI's for LONG/SHORT marked out
US30 USD meltdown (Shorts from 38400.0)My bias for US30 has turned bearish due to the recent Wyckoff distribution that unfolded on the higher time frame, validated by a change of character and a break of structure. This confirmation prompts me to seek selling opportunities to support the downward trend.
I will be targeting sells around the 20-hour supply zone, which recently triggered a Break of Structure (BOS) to the downside. Once we experience a pullback, I will seek a redistribution pattern on lower time frames to initiate sells in line with the prevailing trend.
Confluences for US30 sells are as follows:
- Price played a Wyckoff distribution on the higher time frame and had a CHOCH.
- Continuous breaks of structure have occurred to the downside with strong momentum
- Few clean supply zones have been left including the recent 20hr supply.
- ATH's has been taken, and enough liq has been grabbed to start pushing price down.
- still lots of liquidity and imbalances below that needs to be mitigated.
P.S. Alternatively, I will wait for the daily demand. If price continues to decline, I can capitalize on a retracement back up to the supply zone, making buys a potential option this week. Wishing you all a successful trading week!
Analysis and Idea on US30 ChartDisclaimer: This is not financial advice. Prices can move in any direction, so manage your risk accordingly.
Situation Overview:
In the US30 chart, there has been a significant drop in the Consumer Price Index (CPI) recently, causing the price to hit a strong swing level.
Analysis:
Given this context, there's an expectation for an overall correction in price, followed by a bullish trend.
Trading Idea:
Entry Point: Buy above 38,470, especially after a confirmed breakout observed on lower timeframes.
Breakout Confirmation: A break above this level is likely, based on technical analysis.
First Target: Aim for a gain of 200+ points/pips.
Second Target: Similarly, target another 200+ points/pips.
Overall Target: The goal is to capture around 400 points in total.
Risk Management:
It's crucial to remember that this is just an idea and not financial advice. Prices can fluctuate unexpectedly, so it's essential to manage risk effectively.
By following these guidelines, traders can align their strategies with potential market movements while prioritizing risk management.
US30 2024/04/1115min bearish range, waiting op premium for possible shorts
also looking to go for buys possibly from A-low during London Sesh
US30 2024/04/10Still within 15 min Bearish range
POI's Marked out for CPI, wil be looking for MSS on said POI's, also trendline liq forming above price anticipating it to be run at some point
US30 will start the bullish move to break 40,000 level**Monthly Chart**
Last month's candle closed bullish and created a new high at 39910.47 (slightly shy from 40000.00 round number - a new historical high). This month opened from the high of the previous high and paused at 40023.09 only to reject it and move lower. This suggests that the long-term trend might be over and we should start looking for the start of a downward trend move.
**Weekly Chart**
Last week candle closed as a bearish manipulated candle as there was a huge sell of around 40,000 level. This has provided a counter-trend trade for a bearish move. However, till now US30 has tried to break below the 38500 level but fails. In addition, given the FOMC announcement today, we will see how US30 will react to it. This might provide another push to the upside to break the 40,000 level once more and create a new high.
**Daily Chart**
The last daily candle closed as a “ Key reversal” as it sweeps the liquidity from the daily MC candles near the demand zone, this provides a strong trajectory that there will be another push to the upside to break 40,000 level. Today FOMC will create this momentum.
US30 trade idea 2024/04/0815min bearish range
looking for possible sell from supply
also looking to to see if 15min high holds as we are in discount of the daily range could possible see price go higher
YM (US30, Dow Jones Industrial Aveage) Puts in a Double TopYM (US30) 4 Hour, Fibs: Traded the first bear fib after the double top and saw it trade past its objective yesterday. The Dow has been one of the weaker indices of late, after outperforming most of the year. It didn't even make it up to the 50% line, selling off at the 38.2% line in the initial down move. Then, yesterday, on the rebound, it traded it's halfway back short. ####TRADE ALERT####
YM (DOW 30)
Call: Short
Entry Type: Market 39320
SL: 39500
TP1 / TP2: 38636
################### Normal Size Position - Much Better Entry at A Series Fib with a Much Larger Reward:Risk 900 points of reward:200Points of Risk
US30 Dow Jones Technical Analysis and Trade IdeaIn this video, we delve into a prospective trading opportunity within the US30 Dow Jones index. Our analysis entails evaluating the prevailing trend, scrutinizing price movements, assessing market dynamics, and identifying a potential entry point under favorable conditions, as elaborated in the video. Incorporating robust risk management principles into your trading strategy is crucial. It's imperative to emphasize that this content is presented solely for educational purposes and should not be construed as financial advice.
US30 DJ30 DOWJONES ROBBERY PLANHI Traders,
NFP Trade master plan to Heist US30 Market. my dear Looters U can enter after the NFP data there is high chance to go down side, Our target is Green Zone if it goes bearish side, Bullish side our target is Red Zone that is High risk Caution Pullback area, If There is any Bad news it make our heist very sad and if the news is favorable for us then we can continue our looting from there with help of trailing stop.
My dear Robbers please book some partial money it will manage our risk. Be safe and be careful.. Make money and take money.
US30 Trade Idea 2024/04/05Sell POI's based op Current bearish range
NFT today expecting some sort of liq build up to be sweeped
US30 HIT 38850, BEAR RALLY IS ONOver 350 pips bagged successfully on Dow jones
PA is melting hard, what are you doing about it?
We have 2,150 pips to go.
stuck in profit
its possible to test te highs again This technical analysis sounds promising! Here's a breakdown:
Support Line Test: The price reached a level (support line) where previous buying pressure halted the decline. This suggests demand for the asset at that price point.
Retest of Support: The price dipped back towards the support line but didn't break through. This retest can be seen as a confirmation of the support level's validity.
Together, these pattern suggests a potential reversal:
The price might be bouncing off the support, indicating a possible upswing.
US30 POI's 2024/04/04 Possible intraday movement
PLEASE SEE POI'
POSSIBLE long and short zones marked out
US30 2,700 PIPS TARGETJust found this Gem on Dow after bagging Bulls
I am betting on bears power if PA break below this support zone.
Massive swing trade..
US30/DJ30 Bearish Robbery Plan Short SideHELLO LOOTERS,
This is our master plan to Heist Bearish side of US30 Market. my dear looters U can enter at the pullback, Our target is Trap Zone. We can escape in the Target area. Guys If you loot some money please take it partial.
US30 Technical Analysis: Counter-Trend Short OpportunityThe US30's bullish momentum has encountered a key resistance level. This presents a potential counter-trend shorting opportunity. Here's the trade idea:
Entry: Sell short at the current resistance level.
Stop-Loss: Place a stop-loss order above the recent high.
Target: Aim for the previous support/imbalance zone established at a prior low.
Rationale: The US30's extended rally into resistance increases the likelihood of a pullback. This setup offers a favorable risk-reward ratio for a short-term counter-trend trade.
Important Note: Market conditions can change rapidly. Manage risk diligently and adapt your strategy as needed.
Looking for US30 to rise back upWaiting for a internal liquidity sweep of today's low for a possible buying opportunity up to march 21st high. There is liquidity on lower time frames more visible (30min,15min & 5min). I'm personally using 1Hr and 5 min combination for this entry. When there is confirmation on the 5 min chart I'll enter around 39345- 39336 area located in the discount. That huge dump was distribution, we've consolidated in a range monday through tuesday, then made a lower low and got a market structure shift to the upside showing reversal signs. Good luck!
