Hoping for Continued Support Levels: US30Right now for the US30, I'm hoping for some continued support levels. Historically, this done well as a long hold, and I think now might be a somewhat decent mid-risk entry point. I feel like the bullishness also got some ways to continue. As always, everything I say is on an opinion based basis. Please proceed with caution and do your own due diligence.
Us30long
US30 PROBABLY BEAR NEXT WEEK AN IDEA ABOUT US30 GOING FOR SHORT , But we STILL need A CONFIRMATION TO GO SHORT IN THE US30 !
US30 19/07/2020 for 20/07/2020... There are various ways our Trading week could start for US30.
My analysis would be that we could see a possible rise of US30 over the weekend and then have a retest when the market open on Monday 20/07/2020. I think US30 will be in consolidation through the evenings on Sunday 19/07/2020 when the market opens because the sellers will get in and try to push price down.
Personally I'll stay away from the market through the storm on Monday morning and look for a good opportunity to get back in Long if the market happened to dip over the weekend, I think the Bulls have the Potential to push the market through to 27500 but for now we are definitely going to experience some Storm at this Major area of resistance.
For those who held their positions through the weekend, I believe price is going to climb to 26904 in about 7hrs from our Week's closing point 26635 which will serve as my new Entry for this analysis. That will be my Take Profit 1 closing 264 pips but you can also choose to keep your Take Profit at 26980 for 334 pips.
I don't expect to see a clean break so I'm going to hodl my second position through the possible retest to our Entry point at 26635 and the consolidation at the 26980 (TP) area which may last for about 3 hrs. Then I expect to see a quick rise to my second Take Profit at 27165 closing 185pips in less than 3hrs. Leaving the total trade time to approximately 15hrs and closing 500+ pips in total by my analysis.
As we know, US30 is very shifty and volatile. Market may drop to 26635 for a retest which will be a very sensitive area because the Bears might win a temporary break and pull price further down to 26380 which I intend to Hodl through if this happens, for this reason I've set my Stop Loss to 26194.
I advice you to trade with caution. Use proper risk management of not more than 2% and avoid Greed. Secure positions half way in profit and if your equity is frail please either stay away or trail. I personally recommend new traders and low equity traders to stay away from the market until the calm at about after Lunch hour on Monday.
US30 longAfter the strong impulse to the up side we are seeing a corrective pattern and I am looking to enter long at the bottom with a stop blow support lvl
US30 Long Trade IdeaHello traders, here is the trade plan for US30. For trade entry details please refer to the chart. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
US30 H4 ANALYSISHello traders, we currently have a long setup for US30 on the H4 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard!
*Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.
US30 - long?Possibly a good moment to long us30.
Had a 500 point dump not long ago. Buyers may step in
idea only- not a signal
Dow Jones IndexHello Traders
US30 price currently on a corrective wave. We either working a triangle or a WXY correction so far. If Price breaks above trend line my target would be 1.236 and 1.618 of wave 4.
US30 Promised Land? New 30,000 target possible Trade IdeaAfter a massive month of uncertainty with economic, political and COVID distractions, the fundamentals look good if Trump's plans herald the biggest shift to local manufacturing in modern times and associated stimulus and use of powers to order the transformation.
The markets are waking up to the possibilities with less regulations and more money going directly to the consumers.
If the Main Street stimulus is enacted then the economic engine will be turbo charged and only significant increase in Covid death rates will disrupt the structural gains. With the election coming I expect Trump to play his Trump cards and expect shocking results...
Once market recovers to 26500 then expect 27000 within weeks and slow but steady climb to 30000 by end September when polls are forming.
Entry 26500
Stop Loss 5% if recommendation required
TP1 27000 - JULY/AUG
TP2 27500 - AUG
TP3 30000 - SEPT
Will America lead the world again and free ordinary people from poverty back to prosperity for a generation?
Only Chinese Torture and Dem retrenchment to Globalism in the way!
Easy!
US30 [1H.] Upper trend wait for pullback and buy it 💥💥💥US30 Upper trend wait for pullback and buy it 💥💥💥
Cheer it 🧡🧡🧡
1. Resistance = 261XX - 262XX
2. Support = 259XX
Goodluck 💗💗💗💗
Daily Update--US/30-- Big Chat ViewDisclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management.
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Thank you for your support!
US30 short was a hit!!We could see a nice bounce to around the top of the channel with a test of the 40 day MA then a sell off ....check out my youtube for crypto content - youtu.be