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.
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
Entry: 26675.00 | Stoploss: 26525.00 | Takeprofit1: 26975.00 | Takeprofit2: 27500.00 |
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
If you like this idea please click the like button to support this channel, thanks.
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
Us30long
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.
US30 - LONG IDEAPlease support this idea with a LIKE & FOLLOW if you find it useful.
Price has broken into an uptrend on us30 so I will only be looking to buy.
I have identified two possible areas to take longs from.
Simple, waiting for price action.
COMMENT what you guys think!
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
Dow JonesGiven the calm that has returned to the market the Dow Jones index may continue to grow till 24k ...
If it is useful for you, support that with your likes/comments and if you have your market view, please share it in comments
also, you can ask me questions...
Have a great day everyone!
US30 - MULTIPLE IDEASPlease support this idea with a LIKE & FOLLOW if you find it useful.
From the last analysis we were looking to go long and that's exactly what we got.
Now, we are currently at a supply zone that is fresh and is the first time getting tested.
To me there are two scenarios, we respect that zone and back down to the demand zone OR we break it and head higher to the next major supply zone.
Both are possible scenarios so watch out for price action.
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
US30 - LONG IDEAPlease support this idea with a LIKE & FOLLOW if you find it useful.
Price has taken a nice move to the downside follow my last post.
Didn't go into the supply zone from the last post but I was still able to capitalize on the push down.
Now we are looking to take long positions back up to supply. I am going to wait for a retest at the moment.
COMMENT what you guys think!
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE