DOW JONES (US30) - Sell-off expected ✅Hello traders!
‼️ This is my analysis on US30 .
Here we are bearish from daily perspective, so I am looking for shorts. I expect bearish price action from this bearish orderblock after price filled the imbalance.
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Us30idea
Dow Jones ( US 30) daily analysis US 30 daily analysis on the 1H chart. The market direction is still on the down trend. The price is currently close to our trendline that has been test 3 times. if the price respect the trendline we may see it going down and if not the trendline will be breaken and the price will move up.
US30USD LongHello guys.
The price has been forming a falling channel for the past few weeks. The lowest low of the trend formed a double bottom, which is an indicator that the trend was to be a bullish move. The price is now at the top trendline of the channel.
I anticipate that the price might continue with the bullish run, and I have 2 possible scenarios of the entry zone. The first is below the current price at around 32200 and the second, at the top of the current price at around 33000.
My position will be at 33000, as I am using the pullback strategy to enter my positions hence it will be above the highest high formed.
The other reason as to why I am trading bullish is the current client sentiment of this index is 75% short and 25% long, and we are all aware that the market markers tend to move in reversal of the crowds anticipation. (Look at the Daily Forex website for the clients sentiment data)
My targets are 33800, 34600 and 35400 thus my target R:R is 1: 3.
Remember, risk only 1-2% of your account!
time for Reversing ?with rsi above 70 and breaking down on daily and a big move up for 800 pips on friday it will be interesting to break the resistence down for a correction and if up it would be interesting to close the gap
US 30 daily US 30 daily analysis on 1H chart. Market direction is still bearish. We see the price is very close to the trendline that we had for sometime now. If the price respect the trendline we will see it going down and if not it will break the trendline and push up. Wait for the rejection or a breakout.
MYM Showing Signs of Bull Trap | Market Structure"Show me the weekly charts and I'll show you the news"
For MYM/ Dow Jones we have a clear market structure being formed with lower highs and lower lows with a distinct trend line. There is still bearish news with inflation until December at least for the feds, the market is showing signs that we are preparing to go short for the next month or so.
If we close Friday with a wick on the weekly, prepare to enjoy some nice trends that shall sink like the Titanic over the next few weeks.
DeGRAM | US30 market previewUS30 reached a major resistance structure zone. Look left, the structure leaves clues.
Price action is approaching confluence level which is trenline and resistance.
A perfect signal to short is going to be a false break.
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US30 - looking for bearish signus30 enters in resistance zone in daily and h4 timeframe, looking for sell signal and than sell continues
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.
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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US 30 daily analysisUS 30 daily analysis on 1H chart. The overall market is still bearish and the price is on a correction move. The price may make a move to the down to retest the support level or it will break it and move down.
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
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!
US 30 daily analysisUS 30 daily analysis on 1H chart. The overall market is still bearish. The price is on a correction move at this moment. The may move down to the support level to retest it and move up or we may see it breaking the support level move down.
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
US 30 daily analysisUS 30 daily analysis on 1H chart. The price has managed to break the inner trendline and now, we see it pushing to the out trendline. We need to see the price pull back before pushing up.
US30 New Entries + Exits (Best Reverse Strat)My forex course regarding my strategy in full is now AVAILABLE!
All likes/comments and feedback are very much appreciated!
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!
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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