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.
Us30index
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.
Dow Jones (US 30) Dow Jones (US30) daily analysis on 1H chart. The market is on a move to the upside. The price is currently at the support level. If the price respect this level we will see the price pushing up. This may be supported by the economic news of today NFP.
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
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.
Dow Jones (US 30)Dow Jones ( US 30) daily analysis on 1H chart. The price is currently moving down, it therefore needs one to wait for the price to push up and reject before one can take a sell position.
Dow Jones (US 30) Dow Jones ( US 30) daily analysis on 1H chart. The US 30 is given us a fails breakout as we see the price moving down again. This is putting us back into the bear market , which means that we have to look for selling opportunities more than buying opportunities.
Dow Jones (US 30)Dow Jones (US 30) on the weekly analysis on 4H chart. The market is currently moving up and the price has break the resistance. The price maybe retesting before pushing up.
US30 (High Probability SELL Setup SOON)Here we can see in M15 chart, US30 has touched a major resistance level of 34276, which forms a strong resistance level in D1 chart, we've got our EP & TP,
keep a close eye on US30 today,
Happy pip hunting traders.
Dow Jones ( US 30) Dow Jones ( US 30) daily analysis on 1H chart. The market will be affected today due to the Thanksgiving in USA. Price maybe moving very slow so keep that in mind whenever you take a trade. Price is still keep moving up.
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.
Dow Jones (US 30)Dow Jones (US 30) daily analysis on 1H chart. The market is currently moving up. As for the structure is bullish. The price is to move down to test the support level before moving up.
Dow Jones (US 30) The price has breaken the trendline that has hold for 8 months. If the price can break the level 33967.2 and close above, we will see the price moving up strong, but if the price hold at level 33967.2 we may see the price going down. If you need to a buy wait for the price to break before...
Dow Jones (US 30) Weekly AnalysisDow Jones (US30) weekly analysis. The price has breaken the 8 months trendline and we have seen the price playing above the trendline. we are now waiting to have a clear direction, if the price is going to push up or going down?
For more analysis, you can check my 4H chart analysis after this one.
#US30 #DowJones $DJIA #forex #US30 #DowJones $DJIA #trading
- ALT BAT Pattern 🦇
- Daily Frame
- The pattern fails to close the price above : 34765
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.
US30 LongThe 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 32950, 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 33500, 34050 and 34600 thus my target R:R is 1: 3.
Remember, risk only 1-2% of your account!
Dow Jones (US 30) Weekly AnalysisDow Jones (US 30) weekly analysis on 4H. The price has breaken the 10 months trendline. we are currently seeing the price trying to retest the new support trendline that I have put on the chart. If the price retest we are going to see the price pushing more to the upside.
Dow Jones daily US 30 daily analysis on 1H chart. The market is bearish and currently moving down after respecting the trendline zone. One can look for selling opportunities more than buying. as the bears are still in control of the market.
Dow Jones (US 30) daily US 30 daily analysis on 1H chart. The market structure is currently bearish and the direction is on a down trend. The price has just breaken the counter trendline to the down side. with this situation at hand it will mean that one should look for selling opportunities more than buying.
Dow Jones (US 30) US 30 daily analysis on 1H chart. The market is still bearish. The price is currently at the trendline. We may see the price pushing to challenge the trendline. if not, the price will move down to confirm that the current move was a correction.
