forward to the topAfter hitting the floor, it's time to move towards the ceiling of the channel, so you have to take a buying position after the waves rise
US30 trade ideas
Analysis on Dow Jones: Much better than NASDAQDear All
unlike nasdaq which is really bearish,
DJ is still in the sideway stage
Best of luck
TraderPP
US30 Trading Strategy That’s Been Proven to WorkThis strategy is backtested over trades and works best during the New York session (9:30 AM - 12 PM EST).
Here’s how it works:
Step 1: Identify Key Levels
These are the support & resistance areas where institutions place big orders.
Look for previous highs, lows,
Step 2: Wait for a Liquidity Grab
Banks love to trick retail traders by creating fake breakouts.
We wait for price to break a key level, trap traders, then reverse.
Step 3: Enter on Confirmation
Once we see a liquidity grab, we wait for a strong rejection candle (pin bar, engulfing, etc.).
Entry is placed at the close of the confirmation candle.
Step 4: Set Stop Loss & Take Profit
Stop loss: Just beyond the liquidity grab.
Take profit: At least 2x the stop loss distance for a 1:2 risk-reward ratio.
possibility of uptrendIt is expected that after some fluctuation and correction, a trend change will form and we will see the beginning of the upward trend. If the previous low is broken, the continuation of the downward trend is likely.
$US30 03/03 UPDATES.Busted out last time trying to short.
Pinpoint spotting on $43,496.52 mentioned on Friday.
Handle to watch here.
$44,134/180.
Stops by default automatically sits at $44,500
Until we get some closures that can confirm to tighten things up…
Rejections will send this thing straight into $43k which was the initial goal with lower end potentials of $42,500s.
LFG 🏦
Bull To ResumeFriday's action saw a solid rally and pivot, fuelled by shorts covering.
Expect a rally from Friday's low to continue for a few weeks at least, a possible ascending triangle in the making, any breach of Friday's low would suggest the top is in and a bear market in the making.
Gold was hammered last week, that is good news for those eager to buy either leveraged positions or the physical.
We are in a wave 5 up, only wave 1 up just completed, wave two down can find support around the 2790-2800 area, forget about the 3000 level, that's the mainstream narrative..look upwards to 3300-3500!
Australian prices have hardly moved, still $4600, we expect $10,000 at some point, a target dismissed by many a few years ago.
Appreciate a thumbs up, good trading and God Bless you all!
US30USD - ShortPrice is moving in bearish trend with no bullish divergence.
Entry is at the breakout of LL.
Dow Jones , daily time frame Dow Jones Industrial Average (US30) – Daily Chart Analysis (Feb 28, 2025)
1. Market Structure & Trend Analysis
Recent Downtrend: The price is in a corrective phase after reaching new highs.
Key Support at 41,739: This level has acted as a strong support in the past, making it crucial for price action.
Trendline Support: Below 41,739, there is a rising trendline that aligns around 40,500 - 41,000, which could act as the next demand zone.
2. RSI & Momentum Analysis
RSI at 38.70: The market is approaching oversold conditions, indicating possible exhaustion of selling pressure.
Bearish Momentum: The RSI is still trending lower, meaning further downside movement is possible before a bounce.
3. Key Levels to Watch
Resistance:
43,300 (Current price level, where rejection could occur)
44,000 - 44,500 (Stronger resistance if price reverses upward)
Support:
41,739 (Major horizontal support)
40,500 - 41,000 (Trendline support zone)
4. Potential Trade Scenarios
📉 Bearish Scenario (Higher Probability)
If price fails to hold 41,739, expect further downside toward the 40,500 - 41,000 zone.
Short Setup:
Entry: Below 41,700
Stop-loss: Above 42,000
Target: 40,500 - 41,000
📈 Bullish Scenario (Lower Probability)
If price finds support at 41,739 and RSI starts reversing, a bounce back toward 43,000 - 44,000 is possible.
Long Setup:
Entry: Above 41,800
Stop-loss: Below 41,500
Target: 43,000 - 44,000
5. Conclusion & Strategy
Short-term bias: Bearish towards 41,739, with a possibility of dropping to 40,500.
Trade idea: Monitor for a break or bounce at 41,739, as it will dictate the next big move.
Risk management: Watch for fake breakouts and confirm trends with volume before entering trades.
Reading marketsTried retail, volume, order foot prints, you name the strategy and I’ve tried it however the case, I have found success in ict trading , why? Not because of order blocks or fvgs or all that, but because of context. The single most differential factor in trading between being a good trader and a mechanical average trader is context, that’s your key, that’s your answer.
DOW pullback triggered by weak US consumer confidenceThe Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 42980, the previous consolidation zone and the rising support trendline. A corrective pullback from the current levels and a bullish bounce back from the 42980 level could target the upside resistance at 43800 followed by the 44080 and 44540 levels over the longer timeframe.
Alternatively, a confirmed loss of 42980 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 42520 support level followed by 41820 (200 Day Moving Average).
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Us30 scenario 26/02/2025
English : there is possibility of a Bullish scenario after an oullback.
Morocan Darija : kanchof price idir whd pullback apres imchi BULLISH
ATENTION : I only share my ideas, not signals.
4-hr US30: Dropping Stocks now Enter Oversold Territory The current geopolitical and economic landscape remains highly uncertain, causing investors to offload expensive stocks from their portfolios. This selling pressure, combined with persistent inflation and no clear signals of interest rate cuts, continues to drag the US30 downward. The bearish momentum is further reinforced by the Death Cross, a well-known technical sell indicator. While the index is already in oversold territory, we anticipate further downside potential.
Given this outlook, we prefer to wait for an additional decline of 400–500 points before considering long positions. If the index drops to approximately 43,000, this level will coincide with the crucial 61% Fibonacci retracement. Historically, this retracement has acted as the last major support before a trend reversal. A long position near this area would provide a more favorable risk-to-reward ratio. However, to protect against excessive downside movement, we will implement a stop loss set 1.5% below the entry point. This precaution helps mitigate risks in case the downward momentum strengthens and leads to a further decline.
US30 Bearish Momentum | Key Support Levels in FocusUS30 Analysis | February 21, 2025
The price has broken below the pivot line of 44,404, confirming a bearish momentum. Now, it is testing the support zone at 44,051, and a continued failure to reclaim the pivot will strengthen the bearish case toward 43,763 and 43,212 support zones.
For bullish confirmation, the price needs to stabilize above 44,404 and break the resistance zone of 44,500 to initiate a potential recovery toward 44,756 and 45,099.
Key Levels:
Pivot Line: 44075
Resistance Levels: 44190 – 44404 – 44650
Support Levels: 43763 – 43520 - 43212
📉 Directional Bias: As long as the price remains below 44,404, US30 remains bearish, with a high probability of testing lower support levels.
Dow Jones Forming a Crown Pattern – Caution Ahead?The Dow Jones Industrial Average (DJIA) is showing signs of forming a Crown Pattern, a bearish structure that often signals an impending reversal. This pattern consists of:
its also trading below 20 and 50 EMA
📊 Market Sentiment & Strategy:
from current levels a 3 to 4 % correction can happen which can be bounced again and finally followed by a 7-8 % correction.
Keep a close watch on this pattern as we may see the complete formation to happen in by May'25.
STOCK MARKETS TO HIBERNATE FOR A DECADE?STOCK MARKETS TO HIBERNATE FOR A DECADE?
Dow Jones is squeezed at historical resistance and rising support.
Momentum has been lost and at risk of more pronounced failure.
US30 - Trade Setup for Next WeekStrong selloffs usually have a pullback with a possible opportunity to enter on the continuation trend to the downside. With US30, I'm waiting for this setup to play out to short sell in the upcoming trading week.
Trade Safe
~Michael Harding
US30 Short IdeaPrice action should go above to rest above the liquidity and take it to go back all the way down to daily support zone
DOW JONES SELLOn the last day of January, the price on the monthly chart picked up liquidity above the November and December peaks.
On the daily chart, the price does not break through the last peak, because of the range in which it is visible that buyers are losing strength and sellers are taking over. This week, buyers are making their last attempt and after that the price is making a second bearish candle in the range in which the price is, I expect the price to fall in the coming days/weeks. The first take profit zone will be the last daily demand zone. For a more precise entry, we can use the H4 chart and wait the pullback of move that started on Friday.
it's been a while, THIS IS IS US30FOREX BASICS we all know, reversal? looks like a double bottom, how do we trade these? wait for a break and retest of neckline, then look to add on some buys
DOW JONES Bull Flag completed. Massive rally ahead.Dow Jones / US30 has completed a Channel Down on the 0.5 Fibonacci retracement level.
This pattern is nothing more than a Bull Flag based on September's similar structure that also hit the 0.5 Fib and 1day MA50 and bottomed.
This time, the 1day RSI is also on a Rising Support.
Both corrections took place after a +8.15% rise and September's then went on to rebound to the 1.5 Fib extension.
Buy and target 46700.
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this is new update about us30. what do u think?new update of us30 in 4h timeframe. lets discuss about it
