Long On Us30Long On U30 After Sell side Liquidity ran therefore creating a shift of the Market on the Bullish side leaving a potential area of drawdown for manipulation before a volatile move to the upside if it happens to pullback
Us30setup
US 30 Dow Jones. Weekly Analysis for 27-01/07/22My weekly analysis for US 30. The market is pushing towards the resistance trendline. If the price breakout of the trendline, we will see the market change the direction. If not the price will still move down as we're still in the bear market. I hope you find value in my analysis. Enjoy.
US30 30 min breaks June 24Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R ***
-The strategy is for the 30 minute chart.
-Edwin usually sends over the charts already marked up.
-The Support and resistance lines are based off of the 1D, 4H, and 1H charts.
-This is a market structure strategy so you'll want to make your trade decisions based on how the market is trending and using the S/R lines provided.
Comment Below if you have any questions or input about the strategy. OANDA:US30USD
Dow Jones US30 Idea H4Here is my view for US30 on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
US 30 on H1 chart The US 30 is still bearish at this moment. although the price has broken the counter trendline. the price is at the resistance which was a support. the are two thing that may take place 1. the price can push and break the resistance, which will give an opportunity to buy or 2. the price may rejection at the resistance level and bears keep the control of the market. Let us remember that from the fundamental today we have FOMC a lot can happen in the market.
US 30 on a H1 chart The price has broken the support level. Now one need the second confirmation in a form of retest/ rejection on the recent support to be a resistance. Only than one can look for a sell opportunity. We must also remember that today we are having the CPI as per the economic calendar. That is why we need the confirmation before taking a trade.
US30 - PRE NY SESSION ANALYSIS - 06092022US30 - PRE NY SESSION ANALYSIS - 06092022
In the last week or so price has had a nice push up and is now hanging out around the 32750 - 33250 range approximately.
This week has been consolidation with price bouncing up and down within a roughly 350 point range.
On the daily price appears to be resting on a weekly support/resistance level of approximately 32875
Today I am looking for price to either retest recent highs of approximately 33200 and exhibit signs of exhaustion/reversal to then get into a short order targeting recent lows of approximately 32800.
If price pushes down after NY open to approximately this 32700 - 32800 level then I will have an eye out for signs of exhaustion/reversal to get into a long position targeting recent highs of approximately 33200.
Being patient and waiting for the right entry.
Waiting for confluence of support/resistance levels and/or supply demand zones with market structure / candle patterns that indicate price exhaustion/reversal forming.
Have a great trading day and I'll try to get back with you today after NY close!
Let's get this bag!!!
US 30 on the H1 chart This is the update on the US 30 on the H1 chart. The price is still on the sideways move. For people that trade the trending market this is for one to wait for the breakout before you can look for trading opportunity. At this moment is to sharpen up your trading plan, be aware of your trading psychology and review your trading strategy.
US30 4H/Daily AnalysisThe US30 Index is in a downtrend if we take a look at the weekly chart, however the recent few days were pretty bullish for the US30.
This Pullback is at a decisive point where it could go both ways .
For the both Scenarios I have it marked with arrows.
I am expecting a big sell off since the big trend is bearish and now the price is struggling to push further above the 33400 level ( triple top forming)
US 30 on the H4 chart The price is is currently on the support level. The are 2 possibilities that my take place at the level 1. we may see the price pushing to the upside aiming to reach the resistance or 2. the price may break it and push to the down side as we know that the market is still under the control of the bears.