US30 buy after the violation of the wedge!US30 buy after the violation of the wedge.
Just like its related family member, US30 is showing bullish signs. The index has been in a correction the past days and it looks like the time to push up is getting closer. Currently the index is locked up in the wedge formation. I am waiting to see a violation of this pattern to the top for long opportunity. My target will be 34000 or closer to this considering the broker spread.
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NAS100 IDEA
US WALL ST 30
US 30 going ShortSimple TA shows that from the early hours of the Asian session US 30 is falling from its peak.
US30 l DAILY l OUTLOOKMinor zones of S & R
1. 32830 - 32930
2. 33100 - 33200
Major zones of S & R
1. 32100 - 32450
2. 33350 - 33700
Daily Takeaways:
1. Range in between minor zones
2. Two rejection off major zone 33350 - 33700
3. Double retest of BOS at 32630 (potentially another retest of BOS / major zone 32100 - 32450.
4. Consolidating back and fourth between 200 MA.
US30 ANALYSIS ON DAILY TIME FRAMEThe combination of Double Top/ Ascending Triangle is one of the best to spot, especially on US30.
So if we see a candle closing above the resistance we can take a buy and go for an ascending triangle.
And if the price breaks the trendline and and the potential neckline we go for a sell.
Simple and effective 👍💪
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US30USD YM1! DOW 2022 JUNE 06 Week
US30USD YM1! DOW 2022 JUNE 06 Week
Last week market was in rotation between 33205-32500.
No resolution between Bulls/Bears yet.
Hopefully early week big operators will show their hand.
Possible scenarios considered are:
1) Market continue to be in rotation between 33205-32500
= Wait
2)32728 becomes support
3) 32728 becomes rejected and market return to test
30584-30926
Price reaction levels
Short on Test and Reject | Long on Test and Accept
36446 35750 35330
34807 34027 33531
33205 32728 31979
31411 30926 30584
Weekly: Low vol down bar close off low = minor strength
Daily: Ave vol down bar closing at low = minor weakness
H4: Ave vol down bar closing level with previous UHV bar =
minor strength
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Have a profitable week ahead.
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.
US30 finishing up it's retracement.I've been reading ideas for the past 6 months now. I've finally got the courage to post one my own theories on where the market could potentially go within the next week. Seems like 33800 and 34800 are the most realistic targets that get hit. Will potentially look for an entry on a pullback. Would love to know your thoughts and constructive criticism .
US30 dowjones sell setup ( short )Prior to this analysis, I had published an analysis in daily timeframe. Check it out first.
Now you see a setup for a sell position at a lower time frame (1H).
If the price reaches the specified block order, we will wait for the trigger in the lower time frame (5m).
US30 Chart H1Here is my view for US30 on H1. 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!
My analysis of the day on H1 chart for US 30The market seems to be respecting the trendline, that will only be confirmed once the counter trendline is broken and the price push to the upside at this point is to see as to where the price will push to.
US30 l DAILY l OUTLOOKDAILY TAKEAWAYS:
Last weeks TA played out perfectly.
1. Broke two BOS @ 31550 & 32650
2. Broke out of descending channel
3. Broke though major key level zone 32100 - 32450.
Looking at what we see now. (4 HR)
1. US30 rejected off bottom of major zone 33350 - 33650.
2. US30 broke through 200 MA which could potentially change trend if a bounce retest is made.
3. If we continue to push bullish there is a major BOS @ 34050 that has acted as a rejection / resistance zone.
4. Viewing top MACD indicator it is the first time in months we have been above the 200 level.
Previous TradingView TA linked
US30 (Dowjones)Hello everyoneeeeeeee
If you just a little look to the chart you get anything
Good Luck
Abtin
Dow Jones, correction then Buy from level. US30 . UpdateHello traders, Everything is clear on the chart for you like always.
Good luck.
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US30USD YM1! DOW 2022 MAY 30 Week US30USD YM1! DOW 2022 MAY 30 Week
Last week market returned late weekto test edge of rotation zone.
Note: Strongest demand volume observed since downtrend.
Possible scenarios considered are:
1) Test rotation and rejected, for return to lower levels
2) (a) These levels become support for long
(a) 33205 (b) 32728 (c) 31411
Price reaction levels
Short on Test and Reject | Long on Test and Accept
36446 35750 35330
34807 34027
33531 33205 32728
31411 30584
Weekly: Ave vol down bar close off low = minor strength
Daily: Ave vol up bar closing off high = minor strength
H4: High vol up bar closing at high = strength
Remember to like and follow if you find this useful.
Have a profitable week ahead.
US 30 on an H4 chart The price can still retest level 32760.1 as it was a resistance before it can push to the upside or it may pull back as the higher timeframe indicator that the price is at the confluence zone.
US 30 on a Daily Chart The daily chart is showing us that we are currently on a channel and is on a down trend.
US 30 on the weekly chart The price is currently challenging the confluence zone. If the buyer are strong we are going to have a breakout but if seller are still in the zone we are going to have a strong rejection and more down move is to come. It is also important to know that we are still bearish in the market.
US30 LONGOANDA:US30USD
A cup and handle pattern forming on US30 breaking resistance for a bullish setup on US30.
