US30Market still in the bearish trend, if any reversal pattern occur at the support zone will go long with the main direction..
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DOWUSD trade ideas
US30/DOW - LONG OPPORTUNITYTeam, the DOW is about to breakout, good entry
PREPARE TO ENTER LONG US30/DOW at 43610-15
STOP LOSS AT 45555
TARGET 1 AT 43667-75 - take partial and bring stop loss to BE
TARGET 2 AT 43736-52
TARGET 3 AT 43825
US30 Still Bearish and will likely fall to 43300US30 failed to stay above the 43800 support Line causing price to be stalled between 43800 resistance area and 43500 support area. This is a very week support area and price will likely gravitate to the 43500 line by tomorrow so an intraday short is an idea to consider. Price is nicely falling within the trend channel and shows no immediate or on coming sign of recovering.
Short- Look to take a short to 43500 TP1 or 43300 TP2
Good Trading.
Us30Trading off the golden zone of 50% fib level , targeting buy side liquidity as first target which is the last recent high . We will monitor and see how it goes
US30 Currently in consolidation. Bullish or Bearish Next? US30 has been consolidating since last night with no indication if it wants to go up or down. Price is currently sitting around the trend line and may break the trend line indicating it wants to rise but be mindful of the market makers and their desire to liquidate your funds. Wait for a clear entry point for a bullish move above the support at 44,000 or a clears short entry at 43777. Wait for a retest. If you take a trade now you me be in a consolidation mode for some time. Be patient and wait for a retest of the two zones mentioned.
Comment and let me know your thoughts.
US30 SellSelling due to my strategy NYSE will open at 2:30PM GMT hopefully we get a lovely push down
15.12.24The final week of 2024 will see key decisions from the Federal Reserve, Bank of Japan (BoJ), and Bank of England (BoE), likely impacting global markets.
Fed Meeting: A 25-basis point rate cut is expected, with attention on guidance for 2025. The market will watch for signs of slower cuts if inflation rises or unemployment increases.
BoJ Meeting: The BoJ is likely to hold rates steady, awaiting more data on wages and economic conditions.
BoE Meeting: The BoE is expected to keep rates at 4.75%, with rate cuts possibly delayed until February due to UK economic weakness.
Global PMI Data: Economic slowdown signals from Europe, the UK, and the U.S. suggest ongoing concerns about global growth.
Oil Prices: Prices have risen amid tighter supplies from Russia and Iran sanctions, with potential demand boosts from lower global interest rates.
Us30: After price fell below the previous weeks low, price kept on falling inidcating a weaker markets to inflation concerns and other factors. I will like to see if price can reach 42893.15
Ger40: Price struggled to traded out of previous weeks high and shows the strength being lost in the DAX. I'd still ike to see price break higher, till then at the start of the week I have price moving below 20366.4 first
US30 POSSIBLE SET UPUS30 has posted ATH post elections & post FOMC closing the weekly daily candle above the previous week and day which confirms that Market is strong bullish where we should be looking for buying only US30 has posted all time high at 44137 and low of the week was at 41642 with 50% level at 43216 which can act as valid buy zone if we look at lower time frame institutional order flow is at 43300 to 43470 probability of tapping this zone is possible which can act as buy zone targeting 1:3 we have inducement at 43651 which will act as SSL level in coming week. Fundamentally United Health Groups earning report is due on 15 Nov which will act as catalyst in move of US30. Manage your risk
Note: Only for educational purpose not an investment advise.
US30 Buy Or Sell Depending of Price ActionKey Observations:
Downtrend and Fibonacci Retracement:
The chart is in a clear downtrend, indicated by lower highs and lower lows.
A Fibonacci retracement tool is applied to the recent downtrend. The price appears to have retraced to the 50% level (44,062.63) and faced resistance, failing to break above the 61.8% level (44,299.10).
Bollinger Bands:
The price is testing the lower Bollinger Band, which could indicate oversold conditions in the short term.
A potential bounce back to the mean (middle Bollinger Band) could occur unless there’s continued bearish momentum.
Key Levels:
Support Level: Around the 0.382 Fibonacci level (43,828.18), which is acting as a current support.
Resistance Zone: Between the 50% (44,062.63) and 61.8% (44,299.10) Fibonacci levels.
The price is also far from the major resistance level at 44,460.85.
RSI (Relative Strength Index):
RSI appears to be near the oversold region (below 30), suggesting a potential reversal or relief rally in the short term.
MACD:
The MACD histogram is showing bearish momentum, but the bars are becoming smaller, hinting at a possible loss of selling pressure.
Possible Scenarios:
Bullish Case (Relief Rally):
If the price holds above the 0.382 Fibonacci support level (43,828.18), it could bounce back to retest the middle Bollinger Band and possibly the 44,062.63 level.
A break above 44,062.63 could target the 61.8% level (44,299.10).
Bearish Case (Continuation):
If the price breaks below 43,828.18, further downside could target the next major support, likely below 43,700.
The continuation of bearish momentum is supported by the MACD still being below the signal line.
Recommendation:
Short-Term Traders:
Watch for a reaction at the current support level. If the RSI starts to rise and the price bounces off the Bollinger Band, a short-term buy may be possible.
Trend Traders:
Wait for confirmation of a break below the 0.382 level or a rejection at the 50% retracement to follow the downtrend.
Risk Management:
Use stop losses, especially near the Fibonacci levels, as they act as pivot zones. Do not risk more than 1% of your account per trade.
Bearish something We are bearish, we identify a unicorn
We factor in time, meaning we look for the most probable time so we can look to find any bearish entry drill to trade bearish
RR = 1.62 Buy idea bullish crab pattern + bullish ABCD Pattern + Strong bullish RSI divergence : potential reversal scenario
PS never risk more than 2% of your capital per trade
US30 Looking to Go Bullish for 7000+ PipsUS30 is currently stuck between a downward trend line and a major support area at 44179. If sellers continue to weaken throughout the day tomorrow expect a huge trend reversal and price to start a bullish trend that should render 7000+ pips or more.
Lets Gooo! What do you think?
US30 Intra-Week Analysis Dec 10 2024After showing signs of exhaustion, creating a triple top at All-Time-HIghs and the fear, uncertainty, doubt of a higher interest rate come CPI, US30 made its way back to 44200 as expected after the buyers sentiment began to weaken. This week we can expect the CPI results to hold a little bit of weigh on market direction if there is significant change. If there is an increase as forecasted expect slight bearish pressure or consolidation, otherwise because price is still respecting the uptrend we can see bulls pushing price back up to test ATHs.
US30 Selling opportunity US30 is in 15mins FVG. So everytime when the Market approaches the FVG it tends to bounce out of it with a strong movement.
US30 Looks like its reversingUS30 Created a evening start at 10 am on the 1 hr chart. This is indication that price is most likely reversing at this point. US30 will most likely continue to be bullish for some time going forward. Let me know your thoughts.
US30 here are some observations and insights:
Market Context
1. 4-Hour Chart:
- The price has been in a downtrend recently, forming lower highs and lower lows.
- Key support levels are visible near 43,710 and 43,350.
- The RSI (Relative Strength Index) is heading towards the oversold zone, which could indicate potential buying interest soon.
2. 1-Hour Chart:
- The trend remains bearish with clear downward momentum.
- The price is respecting the moving averages, which are acting as dynamic resistance.
- Short-term support zones align with those on the 4-hour chart.
3. 15-Minute Chart:
- The price is still trending down but is closer to immediate support zones. The RSI is very close to being oversold, suggesting possible short-term bounce opportunities.
Recommendation
- Sell if:
- Price retraces to resistance levels and shows rejection (e.g., bearish candlestick patterns like pin bars or engulfing candles).
- RSI is neutral or overbought.
- Buy cautiously if:
- Price hits key support (e.g., 43,710 or lower) and shows clear signs of reversal, such as bullish divergence on RSI.
Acw Us30 crash and ath destinations Using bar patterns
Using acw best practices
Using advance price predictions
US30: Key Levels and Bearish Outlook Below 44410Technical Analysis
The price has dropped approximately 320 pip, as mentioned in the previous analysis, and has now stabilized below 44410. This supports a bearish outlook, with the next target being 44130. A break below 44130 with a 4-hour or 1-hour candle close will confirm further downside to 43900.
To signal a bullish correction, the price needs to break above 44410 by closing a 4-hour candle above this level, potentially targeting 44590.
Key Levels:
Pivot Point: 44410
Resistance Levels: 44590, 44750, 44920
Support Levels: 44270, 43900, 43760
Trend Outlook:
Bearish below 44410, with targets at 44130 and 43900.
Bullish correction above 44410, targeting 44590.
PREVIOUS IDEA:
Weekly Forex Outlook Sun.Dec.8.2024 - Fri.Dec.13.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
US30 Short Setup: Riding the Retrace to Key Support Levels!Since the elections, traditional markets have been climbing to new highs, showcasing strong bullish momentum. However, I’m now eyeing a short opportunity on the Dow Jones (US30) as it retraces to key support zones around 44,400–44,500. This area appears to be a strong support zone, and my plan is to capitalize on the retracement for a potential long setup near the 44,000 price range.
Currently, US30 is trading below the FibCloud, suggesting room for a retrace to the 44,800 level before continuing lower. My strategy here is to profit from the retracement, then re-evaluate for a long trade based on market conditions near the support levels.
Key Levels:
• Support Zone: 44,300–44,500
• Resistance Zone: 44,800
• Take Profit: 44,440
• Stop Loss: Above 45,100
Market Outlook:
With tomorrow being a U.S. bank holiday, volume may vary significantly. I’ll closely monitor price action and market reactions for further confirmation. This trade aligns with the broader market behavior while taking advantage of shorter-term retracements.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
DOW LONGDow at bottom of channel and downward trend line also coincides with 61.8 retracement from low and 88.6 from recent low....Im long from here stop just below the box as the lower box is always a possibility
US30- Falling to Fill Gap and Rising SoonUS 30 is currently at a major support line at 44388. Price is likely to stay along this support line until tomorrow morning during high trade times between 9am and 11am. Price will likely continue falling or another day, however because we are at a major support line price may bounce off of the current support line faking a sell just to create a bullish trend. Look for a trend reversal between now and Wednesday.
