Another win on US30
Another win on US30 in London session.
Quick scalp this morning, this trade was an easy find.
Risk was 1% as I usually never risk more than 1% on US30. Max 2% for this indice
On a winning streak day 8, lets see if we can keep this going!
Safe trading from DCG
Us30long
US30 - DROP INBOUNDAs we can see from the chart previously once price broke the highlighted level it dumped but retraced very quickly. I anticipate once support is broken we are going to see an even bigger drop.
I have a few sell stops in just in case to catch the fall
US30 showing bull is started againHammer is seen yesterday, and confirmation bull today when candle in progress showing Bull is coming back.
In 4hrs candle, price has breakout from double bottom pattern, currently retrace back before price fly higher
Next resistance : 27559
2nd resistance : 29544
Note : Trade at your own risk
DJ gap closed📈 Dow Jones Industrial Index 📉
DJ closed small gap left after May 25th recovery rally. Expect it to drop back to 24800 support. If it hold, index will grow back to 25300-25500.
Long 248 - 246
TP 253 - 255
US30 H1 US30 Technical & Trendline analysis H1. Analyzed US30 chart for both bullish & bearish moves. Waiting for confirmations before perfect entry. Even though the market is bearish that could change in a few hours from now so I analyzed the chart both ways. Waiting for major lines & areas to be retested and engulfing candles to be form before entry also.
Dow Jones Index, DJI, (expect same on all exchanges) Forecast. Dow Jones Index, DJI, (expect same on all exchanges) Forecast.
Buy and Hold in next crash around September when second wave of Covid-19 starts.
US30 SWING TRADE PRICE is on the 50% retracement in confluence with a daily support. I see price shooting up
US30 - Dow Jones - YM1! - H1 - Intraday Analysis -BUY 27800US30 - Dow Jones - YM1! - H1 - Intraday Analysis - BUY 27800
We have a Major bullish Trend on the Daily, H4 & H1 chart, price broke a Key Level 26500
Until this level holds we will be looking for Long entries until we have a bearish reversal signal.
We are waiting for a little correction on a key level 0.236 Fibonacci Extension Level before to enter Long.
Our first target will be the 0.618 Fibonacci Extension Level.
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Entry: 27325.00| Stoploss: 27175.00 | Takeprofit1: 27490.00 | Takeprofit2: 27800.00 |
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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US30 LONG IDEAFor US30 I want to see a retracement first, price was in the accumulation phase and after accumulation you have distribution, the drop could possibly pull back a bit under the 78.6% but overall I have a long bias.
US30 - Dow Jones - YM1! - H1 - Weekly AnalysisUS30 - Dow Jones - YM1! - H1 - Weekly Analysis
We have a Major bullish Trend on the Daily, H4 & H1 chart, price broke a Key Level 26500
Until this level holds we will be looking for Long entries until we have a bearish reversal signal.
We are waiting for a little correction on a key level @ 26675 before to enter Long.
Our first target will be the 0.236 Fibonacci Level and second target will be the -0.236 Fibonacci Level.
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Entry: 26675.00 | Stoploss: 26525.00 | Takeprofit1: 26975.00 | Takeprofit2: 27500.00 |
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If you like this idea please click the like button to support this channel, thanks.
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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US30 SETUP This is a not a signal but a setup. However price could break through and continue a bearish movements. Let's wait and see what happens here
Guys? Please tell me that this could be double top?I been researching for hours and hours on google trying to figur out when it is right time to make a trade because on google it tells me many things about double top that can be trap move??? I am scared that if i do it wrong i will mess up my trades?? I know google tells me that when price bounce off the support level, it is a sell. BUT i also saw that it broke the support and reversed to induce buyers to take a trade only for it to reverse against them?? Is this true?? Please educate me because babypips and google arent very informative against big players in this game.
