DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
Us30long
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
US30 STILL VERY BULLISH (buys from 38500.0 back up)US30 continues to appear bullish to me, and I anticipate a temporary retracement to eventually mitigate the daily demand zone I've identified. Within this zone, there's also an Asian low that I expect to be taken out through a spring from a Wyckoff accumulation.
Once this occurs, price would have reached the refined 10-hour demand zone, where I plan to enter buy positions, potentially leading to a new bullish rally and the creation of new highs. However, I'll be keeping an eye on NFP Friday to see its impact on the Dow Jones, which promises to be interesting!
Confluences for US30 sells are as follows:
- Price has formed a daily demand zone that could cause another bullish rally for us30.
- Trend line liquidity forming just before the demand which I see as a trap for early buyers.
- Liquidity to the upside still left and overall market trend is very bullish.
- Price has broken structure the upside on the higher time frame confirming trend.
P.S. Should price opt to breach the entire daily demand zone during NFP week to eliminate the liquidity beneath it, I anticipate a temporary bearish sentiment, given that it would have violated significant downside structure.
HAVE A GREAT TRADING WEEK AND BE CAUTIOUS OF NFP FRIDAY!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
US30/USD Longs from 38600.0My bias remains strongly bullish for US30 this week. We've witnessed another significant break in structure to the upside, accompanied by robust bullish momentum, reinforcing the prevailing trend. I anticipate a retracement back to a demand level to sustain this upward movement.
Upon reaching the daily demand zone, I'm eyeing a refined 10-hour demand zone for a potential bullish reaction. Additionally, I'll be on the lookout for a Wyckoff accumulation pattern within this area
My confluences for US30 Buys are as follows:
- Price broke structure to the upside once again leaving a clean daily demand.
- Overall trend and the current trend remain to be very bullish.
- Candlestick anatomy also shows that bulls remain stronger than bears.
- Can expect a pullback to mitigate the levels of demand.
- Wick left to the upside that needs to get filled and price has been moving impulsively.
P.S. We observed a minor sell-off two weeks ago, followed by a resurgence that breached the previous high. Currently, I'm not actively seeking selling opportunities. However, I wouldn't be surprised if price establishes a supply zone, offering a chance to sell back towards the marked demand zone.
US30 Long Expecting a bullish then bearish to tap the orderblock @2900 then we set for a long term buy position.
US30 4H : Upward US30
New forecast
Yesterday, the index price achieved new historical gains by touching the level of 38124, then it was forced to form a temporary sideways fluctuation by settling near 38000. However, this will not affect the main upward path due to the repeated stability above the stable support at 37814.
The price may currently continue offering sideways trades until it gathers additional positive momentum to enable it to renew upward attempts, which may soon target the 38460 level, reaching the historical resistance extending towards 38850.
The expect range trading for today it will be between the resistance line 38460 and support line 37814 until stabilized .
support line : 37814 , 37645
resistance line : 38124 , 38460
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like❤️
US30 Longs from 38380.0 back upMy bullish bias for US30 remains intact this week. Last week's analysis (Scenario A) unfolded precisely as anticipated. With another upward break in structure, I continue to anticipate US30 to sustain its bullish trajectory. Currently, having cleared liquidity at the recent high, a pullback to another demand area is foreseeable.
My focus shifts to the 12-hour demand zone near 38380.0, where an engulfing candle triggered the latest break in structure. This zone, lining up with the 0.78 Fibonacci range, offers a chance for a Wyckoff accumulation to formulate so we can ultimately buy back up.
Confluences for US30 buys are as follows.
- Price broke structure to the upside once again leaving a clean 12hr demand.
- POI also sits within the 0.78 fib range as well.
- Trendline liquidity is left on top of the zone, so once it gets swept we can then hopefully see a nice reaction off our zone.
- Overall trend and the current trend still remain to be very bullish.
- Candlestick anatomy also shows that bulls remain stronger than bears.
- Liquidity left at the new high in the form of a wick.
P.S. While buys are currently preferable, we mustn't solely fixate on one bias. It's essential to remain open to alternatives that could unfold. For instance, if bullish pressure weakens, price might sharply decline, signalling a shift in momentum to the downside.
I hope you guys found this post insightful, have a great trading week everyone!
Strong Bullish Momentum in US30
"📈 US30 Bulls Bucking Strong: Analyzing the Dow Jones, it's evident that we're currently witnessing consistent higher highs and higher lows, indicative of an uptrend market. Observing the week-to-week movements, prices show a rise of approximately 2% from low to high and a decline of around 1% from high to low. Given this, my market approach involves patiently waiting for a potential 1% price pullback. Subsequently, I would seek opportunities to go long, placing my stops below the previous low to target a gain of around 2%. Your support for my channel through likes, comments, shares, reposts, and cheers is sincerely valued. Thank you. 🙌🚀"
US30 Longs from 38200.0 or 37600.0 back upMy bias for US30 this week remains bullish, especially after it broke structure to the upside following the NFP release. This breakout formed a new demand zone, providing potential buying opportunities. Alternatively, if price doesn't respect this zone, it may decline further to breach the trendline near Point (A) POI and then reach the 3hr demand zone beneath it.
Currently, I anticipate a correction and pullback to facilitate the formation of a Wyckoff accumulation pattern within these zones. Once price shows signs of slowing down and demonstrates a clear change of character to the upside on lower time frames, I will start considering buy positions.
Confluences fro US30 buys are as follows:
- Price broke structure to the upside once again to the upside leaving a new 6hr demand zone.
- Liquidity left in the form of a wick above and price looks like it will undergo a retracement.
- Overall market structure on the lower and higher time frame still remains bullish as well.
- Sentiment analysis also shows US30 to be VERY bullish.
- Candlestick anatomy still shows how strong the bulls are in this market.
P.S. It's intriguing to observe the strong bullish momentum in US30. However, I remain cautious not to solely concentrate on buying opportunities, as I acknowledge the possibility of the bullish pressure waning and US30 transitioning into a possible bearish trend. REMEMBER TO ALWAYS BE ADAPTIVE!
Have a great trading week guys and lets catch these pips!
US30 longs from 38000.0 back upGiven the strong bullish sentiment in US30 this week, the plan is to continue trading in line with the current trend. With recent price action breaking structure to the upside, it has formed a clear 9-hour demand zone. I'll be patiently waiting for a Wyckoff accumulation within this zone.
Once this accumulation pattern confirms on the lower time frames, I'll be keen on taking long positions, especially considering it aligns with a psychological level at 38000.0. Additionally, this zone has demonstrated an impulsive move, leading to a Break of structure (BOS). I anticipate this move to propel US30 to establish new highs.
Confluences for US30 Sells are as follows:
- Price has been overall bullish short term and long term so this is a pro trend idea.
- The 9-hour demand zone has caused a break of structure to the upside.
- There's some liquidity left to the upside that can be taken. Looking at the candle stick anatomy bulls are still looking more dominant.
- I anticipate a Wyckoff accumulation to occur during the ongoing pullback
- Sentiment analysis also sees US30 to be very bullish which is another confluence.
P.S. Given my strong bullish sentiment and the diminishing strength of bears, I wouldn't be astonished if price reverses. This market has been remarkably bullish for quite some time, so a reversal might occur to fill in imbalances or sweep liquidity left below.
Most overbought condition 1) Most overbought condition since May 2021 on the weekly RSI 14.
2) Converging trendlines at 38,200 stretching back since late 2021 create solid roof tested 3 times at least on 2 separate trend-lines which would make for a very tough level to break, especially when it's this overbought.
***A correction down to retest the connecting lows trend-line since late 2022 would make a lot of sense even if a new high would be reached in the future, a correction down is very likely in the current technical condition - Which would be down to the 34,200 floor.
US30 Longs from 37600.0 or 37300.0 back upUS30 recently broke out of its ranging zone, achieving new all-time highs and confirming an extremely bullish trend. This further strengthens the prevailing idea, prompting us to adapt and seek opportunities for buying to continue the upward trend.
We've identified two demand zones—one on the two-hour timeframe, close to the current price, and another (10hr) below, which is considered more ideal. The latter broke structure on a higher timeframe, swept liquidity, and is within the 0.78 fib range. I'll be patiently waiting for either of these two zones to explore potential buying opportunities.
Confluences for US30 Buys are as follows:
- Price needs to dip to a significant demand level for an upward rally to persist.
- The market trend is long-term bullish, aligning with this idea.
- New demand zones have been left on the (10hr & 2hr) which caused a BOS on the HTF.
- Price has taken ATHs confirming the bullish trend.
- Price has broken significant structure to the upside also reinforcing this idea.
- Imbalances below that need to get filled as well so a potential pullback does make sense.
P.S. Despite the prevailing bullish trend, it's crucial not to have tunnel vision and overlook the possibility of a bearish bias. With price absorbing all liquidity to the upside, there's a chance for a melt-off, potentially breaking through my demand zones and reaching the equal lows below them.
US30 H1 / TWO POINTS OF INTEREST / POSSIBLE SCENARIOS FOR LONG✅Hello Traders!
This is my idea related to US30 H1. I see two possible scenarios where I will look for a long entry in case of confirmation of retracement.
You can see two resistance zones from where I expect US30 will go bearish. In case of confirmation of retracement from the resistance zones, I will execute long trades until the price of 37760.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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US30/USD Longs from 36600.0 back upUS30 doesn't currently capture my interest due to significant ranging and the build up of liquidity, awaiting a breakout. Once the breakout occurs, whether to the upside or downside, opportunities can be seized. Given the overall bullish sentiment, the demand zone for potential buys holds more appeal. I'll await a downside breakout, fill the imbalance, and then address my 4hr demand zone.
In case price breaks higher, establishing new highs, I'll look for a fresh demand level for buying opportunities. Alternatively, if the price breaks down and undergoes a character change, it may create a supply zone for potential short-term sells.
Confluneces for US30/USD Buys are as follows:
- Price is ranging a building liquidity due for a breakout and to eventually react off a zone.
- A demand zone below triggered a break of structure to the upside.
- The market trend is longterm bullish, aligning with this idea.
- Imbalance above the demand signals favourable reaction at my POI.
- lots of liquidity above, including trend lines and untouched Asian highs.
- Price needs to dip to a significant demand level for an upward rally to persist.
P.S. I'm currently holding off on immediate trades, waiting for price to initiate a breakout. The market appears to be in a consolidation phase, and I'll only consider entering trades once price establishes a clear direction to sweep liquidity.
Have a great trading week ahead everyone!