US30 New Entries + Exits (Best Reverse Strat)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
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!
Us30idea
US30 l DAILY l OUTLOOKAs Day Traders we don't care which way the market goes. If its a bull market or a bear market. We solely look to capitalize on either direction the market goes.
Major support areas
1. 30650
2. 30120
3. 29600
Each of these levels allocated a bounce, support, and resistance before all time highs were broken.
DAILY TAKEAWAYS:
1. 200 MA clearly broken
2. BOS / support & resistance zone clearly broken.
3. Bullish hammer pattern bounce last time off of 30650. Traders are going to be targeting this area. I wouldn't expect a major bounce just a short pullback.
US 30 on a H1 chart The price has broken the support level. Now one need the second confirmation in a form of retest/ rejection on the recent support to be a resistance. Only than one can look for a sell opportunity. We must also remember that today we are having the CPI as per the economic calendar. That is why we need the confirmation before taking a trade.
Dow Jones US30 Chart H4Here is my view for US30 on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
US30 - PRE NY SESSION ANALYSIS - 06092022US30 - PRE NY SESSION ANALYSIS - 06092022
In the last week or so price has had a nice push up and is now hanging out around the 32750 - 33250 range approximately.
This week has been consolidation with price bouncing up and down within a roughly 350 point range.
On the daily price appears to be resting on a weekly support/resistance level of approximately 32875
Today I am looking for price to either retest recent highs of approximately 33200 and exhibit signs of exhaustion/reversal to then get into a short order targeting recent lows of approximately 32800.
If price pushes down after NY open to approximately this 32700 - 32800 level then I will have an eye out for signs of exhaustion/reversal to get into a long position targeting recent highs of approximately 33200.
Being patient and waiting for the right entry.
Waiting for confluence of support/resistance levels and/or supply demand zones with market structure / candle patterns that indicate price exhaustion/reversal forming.
Have a great trading day and I'll try to get back with you today after NY close!
Let's get this bag!!!
US 30 on the H1 chart This is the update on the US 30 on the H1 chart. The price is still on the sideways move. For people that trade the trending market this is for one to wait for the breakout before you can look for trading opportunity. At this moment is to sharpen up your trading plan, be aware of your trading psychology and review your trading strategy.
US30 l DAILY l OUTLOOKMinor zones of S & R
1. 32830 - 32930
2. 33100 - 33200
Major zones of S & R
1. 32100 - 32450
2. 33350 - 33700
Daily Takeaways:
1. Range in between minor zones
2. Two rejection off major zone 33350 - 33700
3. Double retest of BOS at 32630 (potentially another retest of BOS / major zone 32100 - 32450.
4. Consolidating back and fourth between 200 MA.
US 30 Buy Idea - #DowJones
Setup:
1. we note a H8 Choch
2. OB H8
3. Liquidity
4. will wait for m42 LTF Choch
5. Last OB m42 OB creation
6. Then we will buy.
US 30 on the H4 chart The price is is currently on the support level. The are 2 possibilities that my take place at the level 1. we may see the price pushing to the upside aiming to reach the resistance or 2. the price may break it and push to the down side as we know that the market is still under the control of the bears.
US30 finishing up it's retracement.I've been reading ideas for the past 6 months now. I've finally got the courage to post one my own theories on where the market could potentially go within the next week. Seems like 33800 and 34800 are the most realistic targets that get hit. Will potentially look for an entry on a pullback. Would love to know your thoughts and constructive criticism .
US30 dowjones sell setup ( short )Prior to this analysis, I had published an analysis in daily timeframe. Check it out first.
Now you see a setup for a sell position at a lower time frame (1H).
If the price reaches the specified block order, we will wait for the trigger in the lower time frame (5m).
US30 Chart H1Here is my view for US30 on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!