Dow Jones (US 30) Weekly AnalysisDow Jones (US30) weekly analysis. The price has breaken the 8 months trendline and we have seen the price playing above the trendline. we are now waiting to have a clear direction, if the price is going to push up or going down?
For more analysis, you can check my 4H chart analysis after this one.
Us30trend
Dow Jones (US 30) Weekly AnalysisDow Jones (US 30) weekly analysis on 4H. The price has breaken the 10 months trendline. we are currently seeing the price trying to retest the new support trendline that I have put on the chart. If the price retest we are going to see the price pushing more to the upside.
Dow Jones (US 30) daily US 30 daily analysis on 1H chart. The market structure is currently bearish and the direction is on a down trend. The price has just breaken the counter trendline to the down side. with this situation at hand it will mean that one should look for selling opportunities more than buying.
Dow Jones ( US 30) daily analysis US 30 daily analysis on the 1H chart. The market direction is still on the down trend. The price is currently close to our trendline that has been test 3 times. if the price respect the trendline we may see it going down and if not the trendline will be breaken and the price will move up.
US 30 daily US 30 daily analysis on 1H chart. Market direction is still bearish. We see the price is very close to the trendline that we had for sometime now. If the price respect the trendline we will see it going down and if not it will break the trendline and push up. Wait for the rejection or a breakout.
US 30 weekly analysisUS 30 weekly analysis on 1D chart. Based on the structure of the market. it is bearish and the current move is a correction. If the price respect the trendline as it has done before we will see the price going down very strong, but if the price break the trendline, a new structure may be formed and giving us a bull market. One need to wait for the confirmation before acting in buying or selling.
US 30 daily analysis US 30 daily analysis o 1H chart. the price is currently on the sideway move, which mean a breakout is going to take place. One need to wait for it. Pay attention to the two levels of support and resistance if one is broken one take a buy or a sell it will depend as to which one that is broken.
US30 Short: Daily Trend Line Resistance, Range 1- Overall Downtrend on 1D
2- Price is currently testing the daily trendline resistance
3- There is also a strong Daily resistance
4- Range bound for last 3 days
5- Will go short once the price breaks the support area
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.
US 30 daily analysis Us 30 daily analysis on 1H chart. The overall market is bearish, as per the market direction. The price is below my trendline at the higher timeframe. Price has respected a resistance level. Therefore, one should look for selling opportunities in this market more than buying. check my weekly analysis.
US 30 weekly analysisUS 30 weekly analysis on a 4H chart. The market is still bearish at this point. The price has given us a retest before turning and moving down. if one has to take a trade, one will have to wait for the price to breakout of the support first or the price reject at the support and only after that you can take a trade.