US30 Correction All the reasons we could expect the correction in Dow Jones. There all multiples confluences that supports this idea
1.The price has took the liquidity from previous low. The price has strongly rejected the zone
2.The price is also too extended. When price is over extended the immediate action that we could expect form price is a correction.
3. The Most important reason is that if we look at SP:SPX and OANDA:NAS100USD which are strongly correlated to CURRENCYCOM:US30 , they did not take the liquidity form the previous low. This situation is telling us that the us30 was taking liquidity because the other correlated asset did not make the move to the low of the previous low.
Us30index
US30 idea 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!
US 30 daily analysisThe market is currently on a down move. we now see the price at a support level. The possibilities that we have are 1. price moving up to challenge the resistance above or 2. price breaking the support and move down. Let us wait for it to break out either down or up before take a trade.
US30 Idea 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!
US30 Multiple timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Press the like button if you enjoy this content 😊
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 top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 is preparing for a breakdwon!!US30 has formed a reversal pattern and has broken out of local trends and retested with strong rejection. Price has created strong bearish price action and is likely to break down to the daily support as the market is over-extended.
A high probability setup is on the previous support as resistance.
Press like button if you enjoy this idea!!