US30 MARK UP | OCTOBER 24-28, 2022Red Folders:
Oct 24 = Flash Services PMI (SLIPPAGE-FREE)
Oct 25 = CB Consumer Confidence (SLIPPAGE)
Oct 27 = Advance GDP q/q (SLIPPAGE)
Oct 28 = Core PCE Price Index m/m (SLIPPAGE)
Us30long
US30 seems to be bottomed out After bad CPI numbers US30 managed to get to 28600 which is previous low.
Scenario 1. US30 is currently forming a kind of double bottom or "W" pattern, it will be confirmed as it breaks the neckline which is around 30312-30473. Breaking that zone would confirm that's its double bottom. Target of this pattern is usually the size from bottom to the neckline. which is at 32410.
Scenario 2. As you can see only 4hour candle chart, US30 is also forming up descending broadening wedge i.e. bullish chart pattern (said to be a reversal pattern) breaking out of this and would make our new target on top of the descending broadening wedge.
If you look carefully at fibs 0.382 (30790) seems to be like the important area which US30 must break and create support above it in order to move higher
Entry: breakout of neckline
TP1 : 0.618 fib (32129)
TP2 : 32564
TP3 : 34296
S.L : 2%
Remember I will be only taking trade as it breaks and creates support above the neckline
Trade safe.
US30 a aggressive entry spot and a safe entry spot a lower high was formed so upside could be limited and if you want a safe entry wait for break of that low b4 a sell but looking at dxy power i can see this falling pretty bad if dxy holds into the next session and bulls continue if not we could see a move up to the 31000 area b4 a drop
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 LONGCURRENCYCOM:US30
US30 is continuing its bullish run, with price breaking a key/strong
level of resistance. Awaiting a retest and a confirmation candle to
go long on US30
Our Stop Loss at Break even @ 30140 TP1 @ Fridays High Following our entry at the beginning of the hour OUR STOP LOSS is at Break even @ 30140 TP1 @ Fridays High
Manage the trade accordingly we will not be moving our STOP LOSS NOW until at least the next hour.
We will continue to share our trade and chart ideas on this FREE platform if we see the interaction from the community, so PLEASE SUBSCRIBE TO SEEKINGPIPS HERE ON THIS PLATFORM.
End of Day Trade U30 Long BUYEnd of Day Trade U30 Long BUY
This chart shares our current key level going forward and we will trade around it accordingly as more PRICE ACTION develops in the coming hours.
We will continue to share our trade and chart ideas on this FREE platform if we see the interaction from the community, so PLEASE SUBSCRIBE TO SEEKINGPIPS HERE ON THIS PLATFORM.
US30 LONGCURRENCYCOM:US30
Break and retest on US30. Bearish structure was broken in US3O.
A confirmation candle is needed to go bullish
US30 between the Bull and the Beara double top on 4 h shows an interesting if it broke the support down of a sell and a triangle with the 5th wave if it rejects from the support and broke up it will be a nice Buy option
Potential reversal for us30 Read the description.a double bottom on 4H time frame with oversold indicators and breaking up it will be interesting when broking the 38% of Fib retracement to continue up tp1 50% of Fib, tp2 61.8% and the Full target at 74%.
US30 as broken my short term trendlineUS30 as broken my short term bearish trendline to the upside, you can see a series of HH forming on the H1 TF.
looking for the market to open bearish so I could get a possible entry to the upside, looking to ride the up move to 31201.
NOTE: if the market does not show any signs of weakness during the Asia session I will just pull the trigger without waiting for the pullback.
US30 Forming a Triangle to continue the Bullish moveafter the bullish move yesterday us30 is accumulating and forming a triangle to continue the Bullish trend with a medium swing on its own with 250 pip TP and 80 SL.
Potential Trend Reversal for US30 Reversal Pattern as a double bottom on 4h time frame that could be a potential big reversal for a correction for all that move down with a potential Take Profit with 1050 pips for the dow to reach 30900 to complete the wave 4 of the bearish eliot wave before the big crush
US30 between the Buy and the Sellmoving up the dow jones index is creating a double bottom for a move up and if rejecting it will be completing a symmetrical triangle to continue the bearish move
US30 buy idea us30 just created a new lower low , this trendline down there shows me that the bearish power is lossing control, we need to see how the price will react in New York session on this FVG & order block, from there we can take confirmations on LTF(lower time frames ) for buy with target the supply zone that i market or confirmations for sell to create a new lower low or at least to retest the last low.
thank you and give me your comment about US30
us30 setup between the reversal and the continuation after breaking down it will be an interesting sell to complete the triangle and the bearish move and if it goes up it will shows a double bottom for a reversal pattern