US30/USD Shorts to 32600.0 US30 has recently broken structure to the downside on the higher time frame indicating it wants to continue in its bearish trend however, I believe it will not hold for too long as the over all market is bullish. In terms of current price action I'm expecting for price to continue going down a bit towards the 32600.0 mark.
Scenario (A) is Selling from the current price as it has tapped in a 22hr supply zone that has caused a BOS to the downside. Now price has retraced back into it, wyckoff distribution has played out for us to take sells from the supply we are in. Once we get to the target we can wait for price to show us its hands to decide if we can buy back up to another supply or not.
Scenario (B) would be waiting for price to push higher and take out our current supply zone and eventually tap into the 4hr above where better premium prices are. Not only did it cause a change of character but it also has imbalances below it which is a good sign of that zone being respected. Then we will wait for our lower time frame confirmation in the form of a re distribution and an another CHOCH to sell down towards our designated target of 32600.0
My confluences for US30 shorts are as follows:
- The market has broken structure to the downside on the higher timeframe.
- Price has tapped into a good supply zone (22hr) that has also caused a BOS.
- Wyckoff distribution has taken place and has changed character leaving a good price to sell from.
- There's loads of liquidity to the downside we can target in the form of equal lows, trendline and imbalances.
- The dollar is currently bullish and has been very strong recently so I am expecting this pair to drop more to the downside.
P.S. this is just a short term idea for US30's current market conditions however we have to be cautious when trading this week as there is FOMC on Wednesday and NFP on Friday so trade safe and have a wonderful week ahead!
US WALL ST 30
US30 4H tests additional barrierYesterday, the index price activated the upward corrective path, compensating for some losses by testing the additional stable barrier near 33090 and settling below it, as is clear in the attached figure.
Therefore, we will continue to wait for the price to succeed in gaining additional negative momentum to facilitate the task of activating the negative attack again. We expect it to soon attack the 32328 level and then attempt to reach the 50% Fibonacci retracement level centered at 31851.
The expected general trend for today: bearish with the stability of the barrier
Pivot Price: 33040
Resistance Price: 334131 & 34005 & 34534
support price: 32328 & 318951 & 31348
US30 SELLHi, According to Dow Jones analysis, there is a very good selling opportunity. The indicator appears to be in a very negative state with the pitchfork tool broken. The support at 34200 was broken. We also notice the break of the 200 moving average. All these factors confirm that the market is for sale only. Good luck everyone
Dow Jones : Bearish and Bullish Scenario 📉📈Hello Traders !
On The Daily Time Frame The US30 Price Reached A Support Level (32880.0 - 32583.0)
Currently We Have 2 Scenarios:
Bullish Scenario📈
If The Price Breaks and Closes Above The Resistance Line !
We Will See a Bullish Move📈
TARGET: 34000.0🎯
Bearish Scenario📉
If The Market Breaks Support Level and Closes Below That
I Will Sell On Retest...
TARGET: 31950.0🎯
___________
if you agree with this Idea, please leave a LIKE, SUBSCRIBE or COMMENT!
US30 4H achieves the goalHello traders,With its recent negative attack, the index price touched the second negative target by reaching around 33014. This constituted an obstacle to the negative attempts and forced it to form a temporary corrective bounce to currently settle near 33140.
We point out that the continued presentation of the main indicators of negative momentum will confirm the attempt to activate the price for a negative attack again, thus maintaining its stability below the stable barrier at 33040 . Let us wait for it to achieve breaking the 32942 level, to open the door to reaching the additional negative stations represented by the 32795 and 32660 levels, respectively.
Pivot Price: 33040
Resistance Price: 33140 & 33331 & 33522
support price: 32942 & 32795 & 32660
The general trend expected for today: bearish with the breakout achieved
timeframe: 4H
US30 4H collides with the moving averageUS30
stabilizing prices above 33884 will support raising to touch 342111 and 34289 ,34439
if the price stable under 33884 then the movement will be between 33673 and 33500
Pivot Price:33884
Resistance Price: 342111 & 34289 & 34439
support price: 33673 & 33500 & 33264
timeframe: 4H
Dow Jones repeats sideways oscillation
if the price stable under 33880 then the movement will be between 33673 and 33500
However, if the price exceeds the 33880 level and remains above it, this will cancel the negative weighting and invite us to hold on to the upward attempts to expect the formation of the 34011 level for the first positive target, reaching 34197
Pivot Price:33880
Resistance Price: 34011 & 34197 & 34372
support price: 33673 & 33500 & 33264
timeframe: 4H
The general expected tendency for today: neutral with the axes remaining stable
US30 Top-down analysis Hello 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.
US30USD ShortAccording to the higher timeframe (4H), the price has formed a ranging market with the resistance zone at 33900 and the support zone at 32900.
According to the 1H timeframe, it seems that there is an imbalance that needs to be taken care of, before the bullying market continues. I am predicting that the price will fall.
Entry point at 33650, S.L at 33950 and TP at 33150.
US30 ends the downward pathUS30
The index price confirmed that it recently exceeded the 33880 level, announcing the end of the downward path. We note that it is currently attacking the neck level centered at 34011 to try to find an outlet to restore the upward bias again.
if the price stable under 33880 then the movement will be between 33696 and 33500
Pivot Price:33880
Resistance Price: 34011 & 34197 & 34372
support price: 33696 & 33500 & 33264
The general trend expected for today: bullish if the condition is met
timeframe: 4H
US30 - Daily Timeframe Analysis (ICT)(Refer to my Weekly analysis for US30 and DXY)
On lower timeframes I have 3 areas I want to anticipate a long to go to the short POI. Ideally, we don't see a daily close out of that thin yellow box (Daily Bisi).
There are 3 lines of defense for price to reach to and find support.
1st line of defense is a Breaker with CE of a wick and a gap, which looks very nice. This is my first choice.
2nd line of defense is the 4h bisi (dark blue is a bottom prediction if it gets there)
3rd and last line of defense is the 4h Orderblock MT.
The more price declines, I believe the faster the move up would be back above the yellow zone.
Relative equal highs reside above, so that gives me some confidence that we are likely moving higher.
The short POI is a 4h Sibi inside the weekly Sibi has my eye. A high RR trade could be possible.
US30 - Weekly Timeframe Analysis (ICT)The end of the week will show if we have bottomed here, but I have 2 areas of interest:
Where we are already in this weekly Sibi to either give up the ghost and drop lower, or go into the 2-week Sibi and then either break down or continue up and then find it as support soon after to proceed higher. Gut instincts and based on my sentiment for the USD is that we are going lower after hitting that 2-week Sibi, down to the weekly Bisi at least. There was already a break in the intermediate structure and MMSM. Seasonally November sees the USD rally as well.
US30 4H Attracted towards the barrierUS30
stabilizing prices above 33590 will support raising to touch 33768 and 33957 ,334168
if the price stable under 33590 then the movement will be between 33431 and 33259
Pivot Price:33590
Resistance Price: 33768 & 33957 & 334168
support price: 33431 & 33259 & 32458
timeframe: 4H
US30 IDEASo far the overall movement of US30 is bearish.
Price might be heading to the HTF LH, meaning that the current bullish trend is because price is reaching for the HTF LH and until it breaks it then the overall bearish trend will be broken.
I'm trading the bull run on the LTFs.
Predicted movements:
wave 1, 2 and 3
US30 Dow Jones Technical Analysis and Trade IdeaWe are presently analysing the US30, which has recently reached a critical resistance level. In the video, we conduct a comprehensive analysis of the Dow Jones, delving into various aspects including the prevailing trend, support and resistance levels, market structure, and price action dynamics. As the video nears its conclusion, we carefully assess a prospective trading opportunity.
It is important to emphasise that our video provides a thorough explanation of all aspects discussed, and it should be noted that the content is provided for educational purposes only. This should not be interpreted as financial advice.
US30 4H No change to the negativity US30
The DowJones Market lost 1% in the first moment during the market opening
stabilizing prices above 33110 will support raising to touch 33328 and 33532,33768
if the price stable under 33110 then the movement will be between 32819 and 32651
Pivot Price:33110
Resistance Price: 33328 & 33532& 33768
support price: 32819 & 32651& 32458
The general trend expected for today: bearish
timeframe: 4H
US30 Top-down analysis Hello 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.
US30 He clings to negative attemptsUS30
stabilizing prices above 33110 will support raising to touch 33328 and 33532,33768
if the price stable under 33110 then the movement will be between 32819 and 32651
Pivot Price:33110
Resistance Price: 33328 & 33532& 33768
support price: 32819 & 32651& 32458
The general trend expected for today: bearish
timeframe: 4H
US30 4H He catches his breathUS30
stabilizing prices above 33110 will support raising to touch 33328 and 33532,33768
if the price stable under 33110 then the movement will be between 32819 and 32651
Pivot Price:33110
Resistance Price: 33328 & 33532& 33768
support price: 32819 & 32651& 32458
The general trend expected for today: bearish
timeframe: 4H
US30 TO NEW ATH OF $43,050 (8HR TF)🚀A friend of mine asked for me to analyse US30 as they were looking to add it into their investment portfolio, so I thought I'd share it for free with you all as well!
⭕️ Market Currently in Wave 5 (Impulse Wave).
⭕️ Negative Correlation to DXY, Which We're Bearish on Long Term.
⭕️ Last Rate Hike Expected by Federal Reserve, Which'll Push Up US30.