US30 Long then Short I'm entering this trade because I believe there's a good chance we'll take out weak hands before going up further, then people FOMO buy just to get bull trapped for into the big correction that the market desperately needs. I'm bearish for now, even though I'll take the long trade as a intra/swing.
Us30long
Scenarios: US30 - Week 18Bigger Picture, framing the context: The structure is in an extended trend to the upside, and it looks exhausted. There's divergence on almost all timeframes on the MACD and volume indicator. A big correction to the downside is looming and can happen in the near future. Therefore I'll only look for short-term buy setups.
Intra-day Pattern(s): We are making a complex flat structure, it's still unclear what kind of flat it is. But, nevertheless, it looks like a side-ways correction for 1 more up.
Conclusion: Price is bullish, and I'm gonna look for short-term buy-setups --> short-term because of the indicators suggesting that buyers are tiring out, which the Bigger Picture analysis indicated.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
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BUY US30 after break out falling wedgeIf price can break out the falling wedge it's a good position to buy.
US30 Retest then longLooks like this is finally out of the channel with a strong bullish candle on the 15m.
Taking it long, RR 2.09.
US30 LiquidationMarket close would have wiped out the majority of the week's progress in terms of selling by stopping people out. This may now open up the possibility of a short into the levels marked.
Us30i will see if we can geat a price action at"34001" for buy operations and i will look at "33700" carfully
Us30 is turning bullish!a few days ago i made a post talking about how us30 could possibly drop 3k points... this drop won't happen yet. after a few days of big moves/ consolidation i do think that us30 could go up 500 points+ before we have our drop.
currently price is forming a megaphone pattern and a pennant pattern. i do think that price will break above the pennant next week.
after we hit all of our targets i do think that we will get a drop (possibly 5k points) before making our way to 36k
here are your buying points/ targets:
a good buying point would be at 33,735
your first target/ second buying point is at 34,144
your second target/ third buying point is at 34,275
and your final target is at 34,618
after it hits all these targets i will make another post talking about the drop or if we will keep pushing up!
(TAKE TRADE AT YOUR OWN RISK)
US30 (Long)We've reached our target support area on US30 and w/ sell pressures shortening we can see a great reversal pattern developing here to continue to the upside. A very technical week expected on indexes this week unless surprise fundamental news develops. We will be keeping our students aware as markets develop throughout the week.
Dow Jones 35K InboundThe bubble will burst at some point but it won't without causing serious problems for sellers. I assume a selling lure will come before we see a reversal to target the next round number at 35K.
Looking for a nice long trade on US30Looking for the bullish momentum to continue once we can get some more orders flowing in the market.
We need more suckers to push the market to a more attractive discount level and then we can buy it back and then sell it back to them at a MUCH higher price. HEHE
#us30 #ikoncinvst #us30long
“Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.”
-J. Paul Getty
LONG POSITIONUS30;TECHNICAL
FARECAST:LONG
We can see some retracement on the lower TF before price move long on US30 (30M-TF) seems to be ah good entry for long opportunity
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US30 - Next target 33.945 will be soonThe strategy finds the rule in 4 years, every year, every quarter. The ratio of risk/reward 1/1 to give the success percentage over 55%.
Makes a second order has a better ratio. US30''s risk/reward: 1/1.86.
Look the right label: that rule has 14 times consecutive wins and 6 times consecutive losses in history.
+ A Long trend is when the price close & crossover the Keltner Upper 2 + k value of Stochastic indicator crossover 80.
+ A Short trend is when the price close & crossunder the Keltner Lower 2 + k value of Stochastic indicator crossunder 20.
+ to Entry when k value ( Stoch indicator) make correction and cross the d value ( Stoch indicator)
- Buy: d > 70
- Sell: d < 17
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