Us30short
US30 Top-Down AnalysisSo, looking at recent moves in US30, it seems as though we can expect some bearish move to 381995.15 as a low hanging fruit objective. If the bearishness is maintained, I would be looking for price to reach 37975.49 level. I have tried to explain my thinking in the recording. It is my first video, so I am still learning to be more articulate. I hope overall, it makes sense.
DOW JONES ANALYSISChart : 4Hour
Overall Trend : Bearish
Current Market Structure : Downtrend
Scenario 1 :
Price is currently trading to the downside . Creating new LL & LH . We will be looking for selling opportunities in the market as I would like price to trade into a more premium area ,Therefore mitigating a OB or Supply Area & continuing towards the downside .
US30 USD meltdown (Shorts from 38400.0)My bias for US30 has turned bearish due to the recent Wyckoff distribution that unfolded on the higher time frame, validated by a change of character and a break of structure. This confirmation prompts me to seek selling opportunities to support the downward trend.
I will be targeting sells around the 20-hour supply zone, which recently triggered a Break of Structure (BOS) to the downside. Once we experience a pullback, I will seek a redistribution pattern on lower time frames to initiate sells in line with the prevailing trend.
Confluences for US30 sells are as follows:
- Price played a Wyckoff distribution on the higher time frame and had a CHOCH.
- Continuous breaks of structure have occurred to the downside with strong momentum
- Few clean supply zones have been left including the recent 20hr supply.
- ATH's has been taken, and enough liq has been grabbed to start pushing price down.
- still lots of liquidity and imbalances below that needs to be mitigated.
P.S. Alternatively, I will wait for the daily demand. If price continues to decline, I can capitalize on a retracement back up to the supply zone, making buys a potential option this week. Wishing you all a successful trading week!
YM (US30, Dow Jones Industrial Aveage) Puts in a Double TopYM (US30) 4 Hour, Fibs: Traded the first bear fib after the double top and saw it trade past its objective yesterday. The Dow has been one of the weaker indices of late, after outperforming most of the year. It didn't even make it up to the 50% line, selling off at the 38.2% line in the initial down move. Then, yesterday, on the rebound, it traded it's halfway back short. ####TRADE ALERT####
YM (DOW 30)
Call: Short
Entry Type: Market 39320
SL: 39500
TP1 / TP2: 38636
################### Normal Size Position - Much Better Entry at A Series Fib with a Much Larger Reward:Risk 900 points of reward:200Points of Risk
US30 Technical Analysis: Counter-Trend Short OpportunityThe US30's bullish momentum has encountered a key resistance level. This presents a potential counter-trend shorting opportunity. Here's the trade idea:
Entry: Sell short at the current resistance level.
Stop-Loss: Place a stop-loss order above the recent high.
Target: Aim for the previous support/imbalance zone established at a prior low.
Rationale: The US30's extended rally into resistance increases the likelihood of a pullback. This setup offers a favorable risk-reward ratio for a short-term counter-trend trade.
Important Note: Market conditions can change rapidly. Manage risk diligently and adapt your strategy as needed.
US 30 FALLThe analysis suggests a potential selling opportunity for US 30 (Dow Jones Industrial Average) on the daily and 4-hour timeframes.
On the daily timeframe, a selling entry zone is identified between 39,800 to 39,950 points. This range represents a level where significant selling interest has historically emerged, potentially acting as a resistance zone for the index. Traders often look for such areas to initiate short positions, anticipating a downward movement in price from these levels.
Additionally, on the 4-hour timeframe, a fresh selling zone is noted between 39,590 to 39,650 points. This zone represents a recent area where selling pressure has been observed, indicating potential renewed bearish momentum for US 30.
The trading strategy includes setting a target of 130 pips, representing the expected downside movement in US 30 from the identified selling zones. This target suggests the anticipated decrease in price from the entry zones to the desired profit level.
Furthermore, two target prices are set to manage the trade effectively. Setting multiple targets allows traders to lock in profits at different levels and adjust their positions accordingly as the trade progresses.
In summary, the analysis indicates a potential selling opportunity in US 30, with selling entry zones identified on both the daily and 4-hour timeframes. Traders may consider entering short positions with the expectation of a 130-pip downside movement, aiming to capitalize on the potential price decline from the identified selling zones.
US30 START OF A BEARISH MELTDOWN?Short positions on US30 appear compelling this week. We've observed significant bearish momentum lately, leading to a shift in character towards the downside, hinting at a potential trend reversal. Despite not having breached major structural levels yet, two robust supply zones remain, from which we can expect a bearish response.
The slowdown in price movement suggests distribution on higher time frames and hints at an impending reversal. Moreover, there's considerable liquidity to the downside, attracting price action, potentially resulting in a sweep of those equal lows.
Confluences for US30 Sells are as follows:
- Price has changed character on the 4-hourly time frame to the downside.
- Lots if liquidity to the downside in the form of equal lows.
- Two good supply zones in which we can expect a major bearish reaction to take place.
- Price has been heavily bullish and its due for a retracement.
- On the higher time frame price has slowed down momentum, good sign for a reversal.
P.S. However, on the higher time frames, the price remains notably bullish, with equal highs recently established at the latest swing high. These highs represent significant liquidity points, and it wouldn't be surprising if the price retraces to take them out.
FOMC news this Wednesday, trade safe and have a great week!
US30 SELLSUS30 once again had come into the Main 4H & Daily supply zone where I expected rejections. Also 12.30 UK time we had critical new on USD.
I was targeting entry @39235.00 where I entered aggressively with sl@39320.00 (80pts) at 11.30 UK time. Price then came down and broke structure on both 30mins & 1h Once positive USD news was released but then spiked back up to 39247.00 as manipulation but was calm and held.
Aim is to take partial profits at TP
TP1: 39860.00 Tp2: 38500.00 TP3:38300.00
US30 SELL Looking at US30 I was expecting price to reach main supply zone @39050.00 and start to show rejections as I believed the early sell offs were a build up of liquidity. So I was patiently waiting for price to tap into Liquidity and take out these early sellers.
At around 2.30 NYC open volume always comes in and saw price shoot up to 39080.00 where I manually entered sells after seeing price come into my entry range and also seeing a 1min bearish candle. So sell entry @39080.00 with sl@39145.00.
TP1: 38900.00 TP2: 38700.00 TP3:38500.00 TP4:38300.00
US30 finally breaking down? (sells from 39000.0)My bias for US30 this week is bullish, anticipating a further upward movement before encountering a 2-hour supply zone around 39000.0. Afterward, I expect a slowdown and distribution within this area before a potential downward move.
Upon receiving confirmation on lower time frames, selling could target the new trendline liquidity above the 23-hour demand zone. If this scenario doesn't unfold initially, I'll wait for a break in structure to the downside to buy back up, as the overall trend remains bullish.
My confluences for US30 Sells are as follows:
- Price changed character to the downside on the higher time frame
- Lots of liquidity to the downside i.e. trend line liquidity and equal lows.
- We've experienced lots of bullish pressure and now bulls are getting exhausted.
- Nice supply zone left on the 2 hourly that caused the move to the downside.
- In order for price to keep going up it must retrace for healthy price action to continue.
P.S. Given the shift in price action to the downside on higher time frames, it appears that a bearish trend is beginning as bullish momentum wanes. Nonetheless, it's crucial to stay flexible and responsive to price movements, adapting to whichever direction it ultimately takes.
US30 sellI had been waiting days for this move and during the week US30 had created equal highs and built liquidity where I was waiting for price to eventually tap into the main supply zone also taking out early sellers.
Upon seeing that volume was coming back into the market at around 2.30pm Uk time I set a sell limit @38950.00 with sl@39000.00 (risking 50pts). Zooming into the 1min once price entered into zone and broke structure to the downside this gave me added confluence.
TP1: 38800.00 TP2: 38650.00 TP3:38450.00 TP4: 38300.00
* Where has the market moved since I entered my trade? PROFITS
* If I looked at the market now, would I take the same trade? yes
* How do I feel about my trade? optimistic
* What do I like about this trade ? precise entry, patience stalking the move
* What do I dis-like about this trade now? nothing just that it may go into next week
* On a scale of 1 to 10, where would I rate this Trade now? 8/10
* If I were not in a trade now, would I take the opposite trade ? no
US30 - DOW JONES INDUSTRIALS AVERAGE US30 has been in a major bearish divergence from Jan 2018, I think march 2024 will be a month of correction (10%-15%) and then a pickup from April 2024 all the way to September/October when I think the market will hit the top for the US30 that will be around $44,200.
- Monthly MACD (Bearish)
- Monthly Pekipek's Divergence BETA (Bearish)
- Monthly RSI (Bullish)
- Monthly Stochastic RSI (Bearish)
US30 DOW JONES Technical Analysis and Trade IdeaThe US30 has enjoyed a robust bullish run, but recent price action on the 1D and 4H charts indicates potential weakness. I'm anticipating a **sell opportunity** should we observe a decisive break below the current range low, followed by a retest and failure of that level. Potential targets for this trade would align with prior 1D accumulation range highs.
Remember that trading carries inherent risk. Before executing any trades, it's vital to conduct your own extensive research. Consider both fundamental market drivers and global macroeconomic conditions alongside your technical analysis. Always implement sound risk management practices to safeguard your investment.
**Disclaimer**: This analysis presents a technical viewpoint on the US30. It should not be interpreted as investment advice. Base your trading decisions on your own risk profile, comprehensive market research, and a thorough assessment of all relevant variables.
⤵⤵(US 30 uptrend pullback short bearish analysis)H ello traders what do you think about us 30)
(technical analysis forecast📉📈📊
Traders US 30 upstand if barekout 38749.14 big 🐻 baerish moment short 38022.02Test support pullback $$$ resistance level US 30 uptrend pullback short bearish I think testing 38166.13) 📉📈📊
short and what moment bearish) ⤵⤵📊📈 BLACKBULL:US30
level) last week US 30 upstand if barekout Big baerish moment 38k support breakdown buyers will pullback reset resistance 38800.00 price breakdown breakout level sellers rejected bearish well back) 📈📈📈📉📊 short target 38166.13 BLACKBULL:US30
Safe trade 🙏♥️ pales like and comment's don't forget next analysis fol low me 🤝
US30 imminent shorts down towards 37700.0Last week, the US30 exhibited significant potential for a more favourable market environment, offering several promising trading opportunities. Following the completion of a Wyckoff distribution on a higher time frame, validated by a CHOCH, I anticipate a selling opportunity as the price retraces into a distinct 16-hour supply zone.
Although the price closed within the zone, it underwent a redistribution phase on a lower time frame, signalling a selling position. Presently, I am awaiting the breach of the upcoming Asian high to access a clean Order Block (OB) for initiating my sell position.
Confluences for US30 Sells are as follows:
- Price has completed a Wyckoff distribution on a higher time frame confirmed with a CHOCH.
- Clean unmitigated 16hr supply zone that caused market shift has been tapped into.
- Wyckoff re-distribution has taken place within the lower time frames.
- Lots of liquidity to the downside in the form of Asian lows, trendlines and equal lows.
- Price has been moving very bearish and it's getting exhausted hence why we got that bearish drop recently.
- For price to keep going up it must go down so we can expect temporary sells maybe down to a better demand.
P.S. While the market remains predominantly bullish, the recent downward movement was anticipated, signaling exhaustion of bullish momentum. This could mark the beginning of a bearish trend, presenting potential opportunities for short-term selling positions.
HAVE A GREAT TRADING WEEK AHEAD GUYS!
us30 sellsUs30 reached resistance and started to show BOS to the downside on 5mins and 15mins.
Upon seeing this I waited for retracment and rejections at entry zone of 38490.000 with sl@ 39520.00 (30pts).
TP1: 38400.000 TP2: 38350.00 TP3: 38330.00 TP4:38150.00
* Where has the market moved since I entered my trade? Slight profits
* If I looked at the market now, would I take the same trade? yes
* How do I feel about my trade? nervous & unsure but optimistic.Glad it let the trade play out
* What do I like about this trade ? My entry was good & stayed calm when price retraced up
* What do I dis-like about this trade now? Price Was so choppy and still is but trust my analysis
* On a scale of 1 to 10, where would I rate this Trade now? 8/10
* If I were not in a trade now, would I take the opposite trade ? No