Us30long
US30: Bullish signs and developments/new trend might begin!Hello friends,
Let's look at US30 (Dow Jones) technical aspect on 4 hours timeframe. The index is currently in a correction and it is developing into an descending broadening wedge. This wedge formation is considered as a classic bullish reversal pattern and it means we may likely see the market changing direction to the upside. US30 also bottomed two times around 32400 before in February 2022 and in March 2022. In the recent decline, price again fell all the way to this same zone and price again reacted. By the look of things I expect price to rise at least to reach the top of the descending broadening wedge. If the wedge gets broken to the top side, this will indicate a change in trend and this will sponsor a strong impulse to the upside.
This goas in line with its counterparts Nas100 and S&P500. These three are having correlation and we can expect both to rise. I have discussed about Nas100 in the previous idea. See the link below to my Nas100 idea.
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US30 : Intraday Technical AnalysisAs I said in my previous analysis that US30 is going to test supports of 33000 and 32500. US30 did test 32500 and took support from it with heavy volumes. But because of the FOMC and federal interest rate announcement , I am still expecting that market will test these levels once again. My idea is that bears will try to dominate around 33200-33400 while bulls are going to try to defend 32500. I will take entry at resistance of 33200 and 33400 with targets of 33000 and 32500.
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LONG US30 ✅✅✅As I said in my weekly analysis I expected the price to manipulate previous weekly low and to reject from bullish orderblock + institutional figure 33000.
DOW JONES 📉📉📉Expecting bullish price action on DOW JONES after price takes out weekly lows liquidity + institutional figure 33000$ where a lot of stops loses where, we have a clear bullish momentum confirmation on the H4 and we should go bullish from there.
What do you think ? Comment below..
⁉️ US30 Weekly Analysis Here I am looking for a long position if the price returns to take out previous weekly low, as well we are in a bullish orderblock + institutional figure 33000.
US30 : Intraweek Technical AnalysisUS30 was in a choppy mode last week. It was hovering between 34000 and 33400 with false breakdowns towards 33300. The market made an abrupt recovery after Meta’s more then expected financial results. But all the gains were wiped away the next day after Amazon’s lower than expected financial results. The company declared loss for the first time. Now all eyes are on Warren Buffet’s Berkshire Hathway financials expected to be announce this week. My idea is that the market will move for recovery in coming week. But before that the market may test the support of 32500 once more. My target for next week is entry at 33000 and 32500 after the confirmation of reversal of trend. My goal for next week will be the resistance of 34000.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
US30 Scalp IdeaUS30 has broken out of the range and looks like it is currently retesting the level of resistance to possibly create support and then continue bullish. If support if not formed, price can continue bearish to the levels mapped out.
US 30: Intraday Technical AnalysisAs stated yesterday the market has found support around 33300. My target is going long with entry after testing and retesting of support of 34300 and targeting once again the resistance of 34300 for intraday.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
US 30: Intraday Technical AnalysisUS 30 finally found support at 33400 after a false break down towards 33000. My idea is that the price will start recovering from here and we can see a reversal in trend. My goal is the support of 33400 and then the target is 33800 and 34000 for intraday.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
US30 bias for the week....Hellooooo PiPPin Trader...I'm back with another one! One of my favorite index. Looking for a long on US30 once 33730 is taken out. There is a possibility for it to move further down to 33200 and only move up. Keep your eyes on these two levels. Risk small...Happy trading.
Weekly 78% Fibonacci Buy In The US30At press time, the US30 is off more than 1% and a macro support level is coming into view:
Weekly 78% Retracement, 33,023
If the bearish action continues, the 33,000 handle isn’t a bad place to go long:
1) Buy @ 33,029
2) Initial Stop Loss @ 32,994
3) 1:1 Risk Vs Reward, Profit target @ 33,064
Shark Almost Complete!US30 - Shark almost complete in strong demand zone, lots of imbalance left above after that fall, looks like were heading for a straight drop especially with how SPX is looking, will be watching the LTF closely for any sell opportunities down to that demand!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
🐂US30 LongUS30 has given us a form of an expanding pattern, a continuation in the context.
Considering the double top, this continuation setup may result in a retest of the double tops neckline then a continuation down.
Where the price currently is, is a major area of support, this is in tern a potential inverse head and shoulders. At this same area of support
is a 61.8% Fib retracement, the golden ratio, adding confluence for a bullish market.
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CURRENCYCOM:US30
US30 LongHey traders, in today's trading session we are monitoring US30 for a buying opportunity around 33700 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
US30 Risky Long SetupHello Traders ,currently level is Important .price above a horizontal support + dynamic support, with touch a old resistance + Facing 0.61 fibo this area to buying , But be careful about this trade because downward momentum high
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US30 Prediction H1Here is my view foe 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 Idea 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 Is On FireUS30 took an aggressive move towards upside. My target is the resistance of 35400.My idea is to wait for the support of 35000 and 34800 for entry. The overall trend is up but I am looking at a double top pattern in 4hr time frame. So I will observe once the price reaches 35400.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
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