W1 Shows Possible Short Term BuyI found a confluence zone between MN and W1. But because W1 is the latest zone, so here is the buy zone based on W1. Consolidation can be expected in the buy zone.
DJI trade ideas
US 30 is still fallingUS 30 has retested the 50% fib and may fall now... 61.8% is surer for sell enter. You can enter now with a small lot size if you must enter.
Dominant selling pressure!The index's failure to continue to the upside and breaking through 41733 may likely see continued downward momentum.
Check the trend It is expected that the corrective trend will change the trend in the current support range and we will see the beginning of the upward trend. If the support range is broken, the continuation of the downward trend is likely
US30 View!!** Shares of paint and coatings maker Sherwin-Williams
SHW
up 3.7% at $371.99 after the bell
** Company to replace Dow Inc
DOW
in the Dow Jones Industrial Average
DJI
** DOW is the smallest company in the index, as measured by market capitalization - S&P Dow Jones Indices
** Shares of Dow, which is grappling with sluggish demand, fell ~1% to $48.55 in after-market trade
US30Regarding Us30 two situations may take place however the end is the same ( falling)
Situation one : retracement from 41848 or 41452 level
To 42494 and continue to fall
Situation two : retracement from above mentioned levels
To higher high at 43389 forming a double top pattern and end up to fall .
The accending channel is broken so situation two is acceptable for me .
shorting up here Looking for 5m/15m RSI above 80 to short, 1st TP is at 5m/16ema, 2nd TP at 15m/16ema
Waiting for 15m close
Bearish US30 Butterfly Pattern
Understanding the Pullback of US30 Butterfly Pattern
In the world of trading, understanding different chart patterns is crucial for making informed decisions. One such pattern is the butterfly pattern, which is currently evident in the US30 market. Traders have observed a pullback in the US30 butterfly pattern from level 1.276 to a lower level.
This pullback indicates a potential shift in market momentum, prompting traders to re-evaluate their positions and consider new trading strategies. The possible target of the seller butterfly is at the level 1 Fibonacci, which serves as a key support and resistance level.
Traders should closely monitor the price action around this level to gauge the strength of the selling/buying pressure and assess the potential for downward/upward trend.
Us30 H1 is shifting to entry zonesUs30 is shifting towards our entry zone 41800 in order to protect your capitals you need a good stop loss n be aware of hunted which means you don't put it at exactly points were you know it's gonna be taken out,always make sure your entries are good n just exactly were market is turning or few pips before don't be in hurry for anything,timming is money.
US30 trade In this video, I'm just showcasing the US30 trade and set up. I will make a video on the analysis.
US30: Bullish Rebound in Sight?Hello,
BLACKBULL:US30 recently experienced a minor bearish phase, but it now appears poised for a potential bullish comeback, aligning well with its past reactions in this zone. However, if the price dips below the 1M pivot point, further downside is likely.
TradeWithTheTrend3344
forex xauusd us30 us well hi DAY TRADERS ,how i set up my next prediction on forex? im more happy to tell you asking me on my page. thanks guys
DOW/US30, good time for a longTeam, US30 looking for bullish today
got entry at 42254 and add more at 42267
STOP LOSS AT 42225
Target at 42315
Target at 42368
and Target at 42415
Once the price hit first target at 42315, take some partial 50-60% and bring stop loss to BE
Teach Yourself Trading Dow Jones Buying In 3 StepsTrading the dow jones TVC:DJI right now wont
Look attractive to you.
This is because mainstream media is bashing it.
According to Reuters,
”Nasdaq hits record high as Alphabet earnings beat estimates“ , October 29, 2024
Sadly the price of the Dow Jones market has gone
down. Also according to this article above,
utilities are not doing so well.
Now you may be thinking,
“Why should i buy Dow jones after market crash?”
This is because if you look at the indicator on
the chart
You will see a divergence below the oversold zone.
This crossover shows you that the price is cheap and its the
best time to buy Dow jones index.
If you want to buy another stock, within the Dow jones
then thats fine.But if you want to buy the dow jones while its cheap
then read the following: ” Tip#1:Sick And Tired Of Market Crashes? Learn How To Trade Dow Jones”
Tip#1:Sick And Tired Of Market Crashes? Learn How To Trade Dow Jones
Learning how to trade the Dow jones
may come off as scary.But this is not something to fear.
Its all about understanding the right market cycles and indicators to use.
Last week i was trying to understand the power
of bulls and bears.Also, i was trying to understand
how to dip buy.
You may be thinking,
“Is it even possible to dip buy?”
Yes its very possible and this is what the Dow jones
is showing you. What you are seeing is another way
to buy the Dow Jones by Dip buying.
I did not make up the term dip buying. I got
this term from Tim Sykes.
In other words, its called the cup and handle pattern.
But by the time you see the handle the pattern is complete.
If you want to buy another index to make money
then that's okay.Otherwise to learn more
read this: ” Tip#2:The #1 Quickest Way To Trade Apple “
Tip#2:The #1 Quickest Way To Trade Apple
Listen this Dow Jones divergence is very much
connected to the fact that apple has an earnings report coming.
Trading an earnings report is another strategy.
I got this idea from Tim Sykes trading challenge student Jamil,
from his book, you can get called ”Penny Stock Guide”
Trading the earnings.Is not just about buying earnings reports
But its also about looking at the market psycology of the overall market.
Now you may be thinking,
“How is apple stock connected to Dow Jones Index?”
Its good if you think like this because appl is tha largest
stock on this index.Also the positive earnings report
will boost the over rall index, or atleast give the Index a surpport
price action.Now if you feel that you should buy another stock in the
Dow Jone Index then thats okay.But buying apple stock
will alos helpo you understand the key to market cycles.
When you look at the Dow Jones index am using a strategy to
determine wether the price is in an uptrend
or not.In order to learn
more about this strategy read
more here: Tip#3:Need More Trading Ideas? Buy Dow Jones Market Crash
Tip#3:Need More Trading Ideas? Buy Dow Jones Market Crash
Before i continue to share this education with you
i have a confession.I wanted to recommend buying apple stock
and honestly buying Apple stock NASDAQ:AAPL will be a buy.
But i also want you to see the big picture.You see i want
you to learn. Because when you master this then it will
protect you against the bad actors we have in the financial markets
They are too many bad actors in th financial markets.
You may be thinking,
“Why is learning about the Dow Jones Important?”
Because once you learn about the big picture then you
will be better prepared to pick the right trading opportunities.
The strategy which is called the rocket booster strategy has
3 Steps:
• The price has to be above the 50 MA
• The price has to be above the 200 MA
• The price has to gap up in a trend
If you have another strategy to learn or develop then you
can do that.If you want t understand the “Cap and handle pattern”
This strategy will guide you. Rocket boost
this content, to learn more read : "The 3 Easy Ways To Buy Apple Stock" below
Disclaimer: Trading is risky please learn risk
management and profit taking strategies
because you will lose money whether you like it or not.
pic 2 down trend m15 entry at qm levelpic 2 down trend m15 entry at qm level
close candle dark cloud cover + ema + qm level
Waiting for a 15m/5m RSI below 20 to start a long positionWaiting for a 15m/5m RSI below 20 to start a long position
1st TP is 5m/20ema
2nd TP is 15m/16ema
US30 possible retracement, but bearish in the long termIf the price retraces to the 42500 to 42600 supply zone, it could present an opportunity for a short entry
Watch for buying interest now around 42200 or deeper around 42000
Ready for a lower low?As we can see a regain of strength of the bears, pre market we have seen heavily consolidation.
With multiple confirmations, the time is 8:50 and we shall update once the market opens
DreamAnalysis | Dow Jones Analysis Key Levels to Watch!✨ Today’s Focus: Dow Jones (US30) – A Key Market Mover
Today, we’re diving into the latest Dow Jones price action, pinpointing critical levels to identify potential trends and strategic trade opportunities.
📊 Market Snapshot:
The price is currently oscillating within the previous week’s range. After capturing some crucial buy-side liquidity, such as the Previous Month’s High (PMH), there’s been a strong shift to the sell side.
🔴 Short- vs. Long-Term Outlook:
We’ll break down scenarios for both bullish and bearish setups, providing insights for day traders on how to approach short-term and long-term trends.
🗣 Short-Term Outlook:
In the short term, a potential retracement higher could take out some Buy-Side Liquidity or hit the midpoint (50%) of the range. Following this, the price may continue downward toward sell-side targets, with the Weekly Imbalance as a significant level to watch.
🗣 Long-Term Outlook:
Our long-term perspective remains bearish until the price reaches the Weekly Imbalance at the 50% range mark. From there, we’ll need to observe how the market reacts to assess if further declines are likely.
🕓 Key Levels to Watch:
These levels are likely to shape price movement:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
- Weekly FVG: Fair Value Gap (Imbalance Zone)
Fair Value Gaps (FVGs) are crucial zones for potential retracement, setting up the next directional move.
📈 Bullish Scenario:
For a bullish setup, monitor lower timeframes (LTF) for a sweep of Low-Resistance Sell-Side Liquidity. Look for entry models targeting higher levels, including a move toward the All-Time High (ATH).
📉 Bearish Scenario:
For bearish opportunities, use lower timeframes like the 15-minute chart. Seek short entry signals within the 4-Hour Imbalance, or wait for a breakdown of Low-Resistance Buy-Side Liquidity for added confirmation.
📝 Final Thoughts:
Stay flexible as market dynamics shift. Monitor these key levels and setups to fine-tune your strategy and capitalize on high-probability trades.
🔮 Coming Up:
We’re also tracking NASDAQ, DXY, EUR/USD, and other major markets, with timely insights as trends evolve.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
