Long Price has cross it support Level and now there is a reverse in price which mean us30 is going to buy
Us30long
US30 BuysHello Traders,
After a massive retrace we had today on the Dow, I believe price is preparing for a bigger move to the upside. We have 6 confirmations for this trade. I'm looking to take an entry at 27920. Feel free to leave a limit order at this price point. If this trade is successful, we will create a new high on the Dow Jones. The RSI will also be oversold by the time price reaches entry
US30 Buys (Updated)Yesterday's analysis I expected price to reject and continue to the upside at this level. Sadly, that trade was stopped out. However, today price is giving us another chance to enter again using multiple confirmations.
US30 DOW JONESHEY TRADERS,
US30 ALL THE WAY BULLISH ?
DONT SAY I DID NOT TELL YOU?
DONT TAKE ANY SHORTS? WHAT DO YOU THINK?
us30 closed over the 50% fib (daily) buy going back (re-test) wait for the re-test for tomorrow ... should go short on 10/9/20 .. might be news .. on trump to push the pair even more .. bulls for the most part on the daily
Long opportunity on US30here is my outlook and trade i just entered on US30 based on technical and order flow.
US30 - BULL safely playing within the upward parallel channelGood day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday
US30
From 3rd September we have seen a strong selling pressure of tech stocks which leads the downward fall of US30 and its indicates with the strong bearish engulfing candle and dropped almost 1000 points in a single day And felled below the 50,100 EMA on that day.
From September-03 to September-30 its traded with in a downward parallel channel.
On September 16 its managed to push above the 3EMA and suddenly fell and strayed below the 03EMA and reached September low level which is 26530.
From this the bearish reversal happened and went bullish and formed a upward
parallel channel. Currently the US30 is trading between the .50 And .618 Fibonacci retracement level. And the middle line of the upward parallel channel is acting as resistance for the bull.
If its managed to fell below the channel means the bear will take control of the market until then the bull is remain in control.
The sudden drop on yesterday is caused by the disagreement between Republic and democrats on Second round of stimulus talks.
And the drop was resisted by the confluences of 03 EMA in the same region around 27650. And today US30 is managed to gain back most of the yesterday lose.
And currently .618 Fibonacci is acting as resistance. My bias is towards north until US30 is staying the upward parallel channel
Disclaimer
Its a forecast of the next expected moves Not a financial advice
US30 [H4] Break out Channel wait confirm Resistance ✅✅US30 Break out Channel wait confirm Resistance ✅✅
Now US30 is Breakout Channel but for confirm must break resistance too
How to trade
1. place "Buy Stop" Above Resistance
2. Wait to break out and pullback on resistance or near it and entry "BUY"
Target ▶ 281xx
Goodluck
Ton Trader
❤THAILAND❤
US30 4h chart predictionus30 recently broke through the current uptrend its been on and reversed off of a previous resistance. It will either continue on its bullish trend and touch the previous all time high or begin on a down trend. I predict it will go long.
US30 Buys Price is currently sitting in a range and we have experienced some bearish pressure this week due to FOMC interest rates unchanged. However, the Dow is overall bullish from higher timeframe analysis as indicated from my previous chart. Looking for an entry on 15 minute based on bullish structure being respected (Daily 78.6 tested and rejected).
50 Pip stop loss | TP 960 Pips
From the -27 Level I expect a rejection, so this is also where you can also go short.
US30 Retracted BuyCharted this shit up drunk in my dorm with my roommate, if it hits, bet, if it dont, fuck it we ball.
US30 BuysPrice broke the Monthly 78.6, so next is the 127 level (32700). This will be the long term target. Entry based on Weekly 61.8 and Daily -27 rejection. First TP is 30000
Dow RR of 3.analysis is just highlighting key levels and i have placed my stops outside the high traffic to avoid getting wicked out
us30 , simple trend line analysis , disclaimer on!short in few days but long for a few weeks until its horizontal resistance
US30 27912 + 0.59 % LONG IDEA * TREND CONTINUATION Good Day Everyone
A look at the US30 INDEX which has been ranging in a descending triangle structure upon market close we saw a break above of the structure. looking for continuation of this move with the bulls to the upside targeting resistance level 29593.1.
let's see how it goes..
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 28493
TP 2 - 29000
SL - 27603
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
