Dow Jones (US30) - Short from bearish orderblock ✅Hello traders!
⁉️This is my analysis on US30.
Here we are in a strong bearish market structure, I expect price to fill the imbalance and to reject from bearish orderblock to continue the sell-off.
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Us30short
Us30 next step 🪜In the current situation, stocks are still at the mercy of the dollar and negative pressure. We expect an upward correction before continuing to decline. We will look for good selling positions.
US30 - More Room To Drop! 🩸US30 hasn't finished its bearish leg. According to our analysis, we are still in wave C of the major ABC correction. Wave C has 5 waves are we are currently on the 3rd wave (which is also made up of 5 subwaves)
For this trade idea, we require some time for the subwave 4 to appear, which will look like a correction. Once we see this correction, we can use a simple trendline and watch for it to break and enter accordingly.
Trade idea:
- Watch for subwave 4 correction to appear
- Draw a trendline for this correction
- Entry: break of trendline
- SL: above price once the trendline breaks
Goodluck and as always, trade safe!
US30 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Double Top on US30 for potential correctionDouble Top on 4H time frame with a divergence gives an interesting Sell option for a correction of the move up with a potential clean 300 pips down.
Short on Us30Price has met a 1 hour resistance level @30414.75, price action has downside candle printing in a selling manner after a huge pullback. Us 30 looks to go back down to make a low and continue it bearish trend.
DOW JONES (US30) - Short from bearish orderblock ✅Hello traders!
⁉️This is my analysis on US30 .
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to continue the retracement to fill that huge imbalance above and to reject from bearish orderblock.
Like, comment and subscribe to be in touch with my content!
us30 potential Sell after the newsAn interesting sell option for a reversal on us30 with a double bottom on 5 mins, diversion on 30 mins, cci/rsi/%r breaking down and an evening star candle on 1h time frame with a clean traffic down
Selling US30 into current resistance.DOW30 - Intraday - We look to Sell at 29608 (stop at 29955)
The primary trend remains bearish.
We are assessed to be in a corrective mode higher.
Bespoke resistance is located at 29700.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 28828 and 28600
Resistance: 29700 / 31100 / 32600
Support: 28800 / 26000 / 23500
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
US30 between the Buy and the Sellmoving up the dow jones index is creating a double bottom for a move up and if rejecting it will be completing a symmetrical triangle to continue the bearish move
Selling US30 at current resistance.DOW30 - 24h expiry - We look to Sell at 29575 (stop at 29986)
The primary trend remains bearish.
We are assessed to be in a corrective mode higher.
Prices expected to stall near trend line resistance.
Preferred trade is to sell into rallies.
Our profit targets will be 28614 and 28400
Resistance: 29660 / 32700 / 36800
Support: 28600 / 26000 / 24000
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DOW JONES PLANdear traders dow jones has exploded lately so i expect market will retest this area i axpect to buy dow jones at 28930 the target will be 29122 always wait for the best entry good luck
us30 setup between the reversal and the continuation after breaking down it will be an interesting sell to complete the triangle and the bearish move and if it goes up it will shows a double bottom for a reversal pattern