Get started

Us30long

US30 longHere is why; Weekly Price broke beneath 40,000 resistance level and price has not retested that level. We see that there is a lot of bullish momentum that has been picked up from 38,500 due to last week's candlestick closure Everything is pointing towards price going to test 40,000 Daily We see that price too a lot of buy orders from 38,500. Price broke and retested 39,300 region three times before finally heading northwards The next target is 40,000 4 hour Price today has closed above 39,720 and I expect for price to test the region before heading upwards. However, for now it is not clear what price will do, so it is best I just sit on my hands.
FX:US30Long
by kingmwenja
US30 Buys !!!!US30 Buys **Trade Idea:** - **Instrument:** Dow Jones Industrial Average (DJIA) Index - **Timeframe:** 1 Hour **Setup:** - The price is currently bouncing off the 0.618 Fibonacci retracement level, which suggests a potential continuation of the bullish trend. - The 200 EMA (black line) is serving as dynamic support, reinforcing the bullish momentum. - The formation of higher lows and the breakout above the 50 EMA (red line) further confirms the strength of the uptrend. **Trade Entry:** - **Buy Entry:** Enter a long position at the current price level around 39,640, after confirming a strong bullish candle above the 50 EMA. **Targets:** - **Primary Target (TP1):** The first target is set near the 0.786 Fibonacci retracement level around 40,520, aligning with a significant resistance area. - **Secondary Target (TP2):** The ultimate target is near the previous high at around 41,415. **Stop Loss:** - **Stop Loss (SL):** Set the stop loss just below the 0.5 Fibonacci level, around 39,207, which coincides with recent lows and provides a good risk-reward ratio. **Risk Management:** - Ensure that the risk-reward ratio is favorable, ideally at least 1:2. - Adjust the position size to maintain proper risk management based on your trading plan. **Additional Notes:** - Monitor the price action closely as it approaches the 40,520 level. If the price shows signs of rejection, consider securing partial profits or adjusting the stop loss to breakeven. - Be aware of any macroeconomic events or news releases that could impact market sentiment. --- This trade idea is based on technical analysis and should be executed with caution, considering all potential risks involved.
BLACKBULL:US30Long
by Sthesh_Don_Billiato
4
US30 longHello traders, I believe that US30 is due for some buy orders to be filled. Here's why; On the weekly timeframe, price broke below a major liquidity region at 40,000 and has not retested the region. Price might collect orders at 39,215 before it retests 40,000 On the daily timeframe, there is an M formation. There are a lot of orders that have been filled at 39,320. Price may collect orders from that region before going to retest 39,875. It is a Monday morning, hence I am waiting for the market to get a sense of where it is headed to before I do anything.
FX:US30Long
by kingmwenja
How to Scalp US30In and out is the name of the game as a scalper. The better you understand this the more effective your scalping will be. Some people say that scalping pays the market - this has some truth to it but I want to explain why. It is because of traders who don't correctly know what a scalp is supposed to be. A scalp is meant for you to just take something off the top; Thus "scalp". What this means is, it isn't much you are asking for 9/10 times and this is why scalping generally pays the market. It is because most scalpers lose due to not knowing that they shouldn't really be in those trades for long. We need to operate like speedsters from these TV shows like the flash. Handle your business in lightning speed. This is how I think you could more effectively scalp. Have a good day folks - I'm done for the day
FX:US30Long
by Brandon_evo4
US30 longHello traders, I believe that there is potential upside for the pair and here is why: Monthly, Weekly and Daily Price broke all time highs last week, and therefore, for now it seems that there is infinite potential to the upside for the pair. 4 hour Price has formed a bullish pattern (higher high). Using the fib tool, the -27.2 target has not been achieved yet which is at 40,500. If I am to enter the pair, then I expect a retest of 40,050 so that the pair collects orders before we move to the upside
FX:US30Long
by kingmwenja
US30 Equities Close Higher as Markets Analyze Producer PricesUS benchmark equity indexes rose Friday as markets evaluated the latest producer prices data, while a survey showed easing consumer inflation expectations. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite gained 0.6% each to finish at 40,000.9, 5,615.4 and 18,398.4, respectively. Among sectors, consumer discretionary, materials and technology led the gainers, while communication services was the sole decliner. For the week, the Dow jumped 1.6%, while the S&P 500 rose 0.9%. The Nasdaq added 0.2%
FX:US30
by FXBANkthe8055
US30 Technical Analysis and Trade Idea - Where To Next👉 Taking a close look at the US30 Dow Jones on the daily timeframe, we can see it’s in a bullish trend. It has reached a key resistance level, and while I’m interested in going long, I won't do so at the current level. Just below the current trading level, there’s a bullish imbalance on the 4-hour timeframe. I prefer waiting for a retracement to the 50-61.8% Fibonacci level for an ideal entry. In the video, we discuss the trend, market structure, price action, and other important aspects of technical analysis. Please note, the video is for educational purposes only and not financial advice. 📊✅
FOREXCOM:US30Long
by tradingwithanthony
US30 longWeekly; Price has closed above 38,500 level which is massive zone of liquidity Price has formed a head and shoulder. This indicates that price is headed upwards to 39,100 which is the next daily level Daily; Price has closed above 38,500 or 38,550 which is a massive buy area. It has retested that same zone twice with two candlesticks. If you zoom in on the wicks you can see that yesterday's candlestick formed a higher high in comparison to Monday's candlestick. This indicates that price is going higher. 4 hour; Today price has continued its upward momentum, however, price is slowing down. Moreover, if I intuitively think about it, price is trying to go higher since there would be no reason for today's momentum to continue going higher, if there are no orders or momentum. The slowing momentum tells me that price does not have enough orders to go to 39,100. So if we zoom in and look for areas of possible entries, there are some. First of all the daily body closure at 38,550 is a massive area of buying liquidity. It is also in sync with yesterday's 4 hour region that retraced to go and collect orders at 38,450. The highest probability entry would be if price tested 38,550 and formed a buy formation 38,625. Another possible scenario is if price manages to close above 38,815 and retests it to confirm my bias, which will see me buy to 39,050.
OANDA:US30USDLong
by kingmwenja
DowJones US30 / DJ30 Bullish Money heist planMy Dear Robbers / Traders, This is our master plan to Heist US30 Dow Jones Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Resistance & Order Block, So the Market is overbought / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
OANDA:US30USDLong
by Thief_Trader
US30 longMonthly; [/b ]There is no clear thesis. Price could go up or down. Price has not retested the previous all time high. However, that is because it came across a high liquidity area on the weekly. Weekly; There are two thing worth noting on the weekly. One is that price has formed a three pin pattern which might indicate that price is headed downwards Second, is that the previous week's candle closed above a buy liquidity region at 38,500 and price may be headed upwards. Currently price looks as if it will close above the 38,500 level and continue upwards. To get a clear thesis of what is going on, I will have to go to lower timeframes. Daily; Monday's candlestick is pretty indecisive. Two things are happening here. One, price did not close above 38,630 level which would indicate that price is headed upwards. Secondly, price has not given a convincing closure below 38,560 which would indicate that price is headed downwards. Hence, there is no clear thesis on the daily and hence lower timeframe will give a better overall depiction as to where price is headed towards 4 hour; New York session saw a lot of sell orders from 38,800 to 38,250. From 38,250, we saw that price gained a rush of bullish momentum and it managed to close well above 38,450. At the time of posting this, price is showing that it is headed upwards, however, orders are not enough to take it there. I am waiting for a retest of 38,450 before we go upwards to 38,665 The target is 38,665. This is the target of the -27.2 fib level which is usually a high probability setup. Moreover, if price closes above 38,800 which is Monday's high, then it is headed to 39,023.5
OANDA:US30USDLong
by kingmwenja