Long on Us30 Im looking for a long on US30
This is for the new york open not the cpi news
the reason for my analysis is that we have broken out of a bullish rang
US30 trade ideas
US30: Volatile Day Ahead with Key Levels in FocusUS30 Technical Analysis
The price has reached our previously highlighted support level at 41,745, bouncing back toward resistance.
Currently, as long as trading remains below 41,970, we anticipate a downward trajectory toward 41,750, with further decline potential to 41,560 if breached. Additionally, news events are adding pressure to the outlook.
Bearish Scenario: Sustained trading below 41,970 may drive the price lower toward 41,750, and ultimately to 41,560.
Bullish Scenario: A break above 42,130 could reinforce a bullish trend, pushing prices to 42,290 and potentially to 42,450.
Today’s market is expected to be highly volatile due to the release of the NFP, Unemployment Rate data, and earnings reports, which will likely have a strong impact on indices.
Key Levels:
Pivot Point: 41970
Resistance Levels: 42130, 42290, 42450
Support Levels: 41750, 41560, 41350
Trend Outlook:
- Bearish by stability below 41970 and 41740
- Bullish by stability above 42130
- Consolidation 41970 and 41750
previous idea:
Swing Trade Idea#3Price break below well respected point of interest zone (support). Now we expect price to pull back to retest the supply zone to sell.
Uptrend It is expected that the upward trend will form up to the specified resistance levels, then there will be a possibility of changing the trend and starting the upward trend. If the 78.6% level is broken, the continuation of the downward trend is likely
US30 BUY SETUP !!“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.” – Jesse Livermore
DOW JONES: Bottom of the Channel Up.Dow Jones turned bearish on its 1D technical outlook (RSI = 42.00, MACD = 51.000, ADX = 21.000) as it almost hit the bottom of the Channel Up pattern. It is about to form a Death Cross on the 4H timeframe, which will be the first since August 8th that was technically the bottom of July's correction and start of the current Channel Up. We expect the bottom to be priced either today or tomorrow and the RR is good enough to buy. We aim for the 1.5 Fibonacci level (TP = 44,000), which priced the previous two HH.
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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 / Key Levels for Breakout from Consolidation ZoneUS30 Technical Analysis
Following the retest at 42,450, the price has dropped approximately 500 points as anticipated.
Currently, US30 is expected to consolidate between 41,970 and 42,130 until a breakout occurs.
Bearish Scenario: The price needs to break 41960 and stabilize under it to continue the bearish side toward 41740 and 41560
Bullish scenario: any breaking above 42130 will support the bullish trend to get 42290 and 42450
Key Levels:
Pivot Point: 41970
Resistance Levels: 42130, 42290, 42450
Support Levels: 41750, 41560, 41350
Trend Outlook:
- Bearish by stability below 41970
- Bullish by stability above 42130
- Consolidation 41970 and 42130
DJI is not my friend next monthLooks like DJI might close with a "shooting star" candle. It's been a nice run and RSI needs to cool down. If this plays out we might be looking at another red month next month (40,800 target).
Dow Jones Index (US30): Support & Resistance Analysis
Here is my latest support & resistance analysis for US30.
Resistance 1: 42450 - 42720 area
Resistance 2: 43280 - 43310 area
Support 1: 41616 - 41886 area
Support 2: 40850 - 41182 area
Support 3: 40000 - 40240 area
Consider these structures for pullback/breakout trading.
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US30 SELL ANALYSIS RISING WEDGE PATTERNHere on US30 price form a rising wedge pattern and has broken line 42714.12 which means there is a chance of falling more so trader should go for SHORT and expect profit target of 41470.80 and 40397.01 . Use money management
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.
Us30Buy zone or completion of head&shoulders on us30. Zone on 1h entry on 15m or right shoulder on 5 minute
US30 THIS IS POWERFUL!!In this video, I break down us30 into the trade I executed. Making use of a HTF and using a LTF for entries.
US30 trade In this video, I'm just showcasing the US30 trade and set up. I will make a video on the analysis.
Bullish bounce off pullback support?Dow Jones (US30) is falling towards the pivot and could bounce to the pullback resistance.
Pivot: 41,894.89
1st Support: 41,497.27
1st Resistance: 42,478.07
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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
DOW JONES Channel Up near its bottom. Solid buy.Dow Jones / US30 is trading inside a Channel Up since late August.
The price is about to enter the buy zone of the pattern.
The previous bearish leg made a -3.81% correction before it bottomed and initiated the bullish leg to the 1.618 Fibonacci extension.
We expect a strong rebound from the current prices, so buy and target 44100 (just under the 1.618 Fib).
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US30 / Dow Jones Buys!!!Analysis Confirmation
1. Fibonacci Levels: I’ve marked the 0.618, 0.786, and 1.618 Fibonacci levels, which align well with potential reversal and target areas. The 0.618 level at approximately 42,327 acts as support, while the 0.786 level around 42,479 provides additional confirmation near the breakout point.
2. Descending Triangle Breakout: Your chart shows a descending triangle with the resistance trendline below the 42,500 area, indicating a potential breakout if the price can close above it. This pattern suggests bearish exhaustion, so a breakout above the trendline could initiate a bullish move.
3. Target Levels: You’ve set the 1.618 and 2.618 Fibonacci extension levels as potential targets, at approximately 42,884 and 43,374 respectively. These strong resistance zones give realistic take-profit levels if the breakout occurs.
4. Moving Averages and Support: The price is supported by the 200-period moving average (black line) and is currently testing the 50-period moving average (blue line). A break and hold above the 50-period moving average could signify bullish strength.
Trade Description
Entry:
- Enter a buy position on a confirmed breakout above the 0.786 Fibonacci retracement level around 42,479. Look for a strong close above this level to confirm momentum.
Stop Loss:
- Set a stop loss below the 0.618 Fibonacci retracement level, around 42,340, to manage risk in case of a pullback or false breakout.
Take Profit:
- First target: 1.618 Fibonacci extension level around 42,884, which could serve as the initial resistance.
- Second target: 2.618 Fibonacci extension level around 43,374, if bullish momentum continues.
Risk Management:
- Keep your risk per trade low, ideally around 1-2% of your account balance, especially if this is part of your account growth strategy.
I see the Dow Jones index going down soon!Considering the political developments in the world as well as the upcoming American elections, and on the other hand, according to the economic data published in the last few weeks, it seems that the Dow Jones index will start to move downwards from this price point! The long-term target is specified in the chart
US30 LongWe will retest 38.2 area, then we are going back to the liquidity zone and take out all the SL and then we will hit 70.0 fibonacci
Us30 shorts Idea for the New York sessionThis is for educational purposes only , this is no financial advise please seek seek advice form a licensed advisor .
Below is only my views on what i think is happening on the market
1) the trend is bearish
2) we have fibonacci retracement
3) Range broke out bearish on 15min
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
