first target 28662 second target 27662 at us30. have divergence at 2h chart, so 1st target must be reached even the previouse divergence (hidden) must push back the index to second target level.
THE BEARS ARE BACK IN TOWN.
After the push up yesterday following Daddy J. Powell's comments, the market (shocker) has corrected itself and continued with the overall bearish directional bias.
IMO the comments made yesterday about the "strength" of our current economic and labor situation were simply a distraction from the fact that they announced the largest...
US30 is trading in an uptrend
A bullish wedge pattern has formed
Now, we are witnessing a bullish trend on the bullish breakout and the previous daily resistance at 34277
If it is successful, it will rise and retest level 37000
Overall us30 is still bullish, however I am anticipating one more drop down to fill in the inefficiency left by the market( the highlighted pink zone)
Furthermore, we can see that there are 2 sets of liquidity pools left by the market which I believe will be reached for and targeted before we go on to make all time highs and hit the psychological target of 37500....
The Solomon Number of US30 is: 35740
Instructions:
A- Every DECREASE in price is an opportunity to BUY. The Target is Solomon Number 35740.
B- Once the Solomon Number is touched the analysis is no longer valid to enter OR take long again.
D- Apply proper risk management according to your balance.
1st short entry@ now
TP@ 35740
I personally see a great sell opportunity at 34850 and huge potential for it to push quite far down but time will tell, looking to enter with about a 50 pip stop, I think you could be pretty safe with a 100 pip stop but I would like the RR to be worth it. There are two main turnaround areas I am looking to sell at and those areas are 34850 and 34910. However, I...
Congrats to those that held the trade from yesterday!
Bravo!
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US30 Just broke out of a range and expect it to bounce off at the retest of the upper trendline. My target is market by the green bound.
Let me know your thoughts?
AS WE SEE THE PRICE NOW IS ON A BULLISH UPTREND , SO THE BEST ENTRY IS TO WAIT ANY KIND OF RETESTING AROUND 32077 THEN GO LONG ANOTHER TIME , & AS YOU SEE THE RSI GIVES AS A CLEAR DIVERGANCE WICH MEAN THAT THE PRICE LOSING VOLATILITY !
US30 H4. Price Action Theory.
we have to target(resistance) @28816.62 & @29044.07
I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade.
Thanks
Regard
Harshilfx Technical Team
Note- Please Take Only 2% Risk On Given Analysis
