WS30M trade ideas
Dow ready to go above 200 MA?The Dow has been coiling for the past few days underneath its 200-day moving average, as it watched the tech-heavy Nasdaq 100 break higher. But yesterday support at 41,780 held and this led to a strong bounce. The resulting price action created a hammer candle on the daily time frame. With this latest bull signal, can the index now break above its 200 MA and move higher? The underlying trend is looking increasingly bullish.
By Fawad Razaqzada, market analyst with FOREX.com
Correction and a push up US30 has been gradually climbing but this growth may have to correct a bit before continuing up. After reaching the 41,800 gap, the indice rose a bit, but may have ran out of steam to further go up. The nearest support will be the likely area where the indice may find buying pressure, if price action remains above the support barriers.
Potential bearish drop?Dow Jones (US30) is reacting off the pivot and could drop to the 1st support that aligns with the 61.8% Fibonacci retracement.
Pivot: 42,479.50
1st Support: 41,294.20
1st Resistance: 43,190.10
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Signs of Selling Pressure (Absorption of Buys at Highs)🧠 Quick Terminology Refresher:
Absorption = Large volume hitting the book with little price movement (strong limit orders halting progress).
Exhaustion = Declining volume near highs/lows, indicating a potential reversal or lack of continuation.
Delta = Net buying/selling pressure (positive = aggressive buyers, negative = aggressive sellers).
Imbalance zones = Strong activity favoring one side of the market — high-probability interest areas.
🔎 Breakdown of Key Zones (Right Side of the Chart – May 20–21):
🔴 Signs of Selling Pressure (Absorption of Buys at Highs)
May 20 Candle:
Delta: -1.37K on 80.27K volume = net sellers present.
Upper wick shows buy volume at the highs being absorbed by resting sell orders.
Price fails to close above 42,300, the same level it touched multiple times (look left), reinforcing it as resistance.
The cluster of buying at the highs followed by price dropping suggests buying exhaustion + absorption by sellers.
🔻 May 21 Candle (Early):
Delta: -387 on low volume (21.68K) — early in the session.
Low delta but presence of symmetric buy/sell volume suggests a balance day or low conviction.
However, failure to break back above the previous POC zone (around 42,200–42,300) + no aggressive buying continuation = bearish bias.
🔵 Prior Bullish Activity (May 15–19):
May 15: Strong positive delta (+3.84K) with 99.68K total volume — clear initiative buy pressure.
May 16–19: Successive candles show diminishing delta and heavy total volume with:
Imbalance blocks shifting down.
Lower highs and failed follow-through after May 15 = exhaustion of buyers.
Especially May 19: delta of -1.14K, and large wick + failed upside = absorbed buys, followed by rejection.
🧱 High-Volume Nodes (Support/Resistance):
Resistance Zone: 42,270–42,300
Multiple failed closes above, heavy sell volume absorbed buyers.
Support Zone: 42,000–42,100
Yellow highlight zone — recent volume nodes + last remaining absorption candle May 14–15.
But current candles are testing this zone, and not bouncing with strength.
📉 Conclusion: Sell Bias Based on Footprint Behavior
✅ Reasons to Lean Bearish / Sell:
Absorption at highs (May 19–20).
Exhaustion of buying delta after May 15–16.
Lower highs and lower volume follow-through.
Price failing at POC/resistance zones (42,300) repeatedly.
No new aggressive buying footprints in current bars.
⚠️ Not a Blind Sell – Wait For:
Break and hold below 42,100, ideally confirmed by:
Negative delta + rising total volume.
Sell imbalances near lower levels.
Signs of no strong passive buyer absorption at 42,000.
🛠 Suggested Strategy:
📉 Short Bias: Target zone: 41,850–41,900
📈 If price reclaims 42,300 with positive delta spike, exit shorts or flip long (failed breakdown = trap).
🎯 Watch Volume Profile: Large nodes mean congestion — avoid taking new trades in the middle of these zones.
US30: Next Move Is Up! Long!
My dear friends,
Today we will analyse US30 together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 42,259.4 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
US30/Dow Jones Trade IdeaThis is what I believe could be cooking up currently on US30... A possible buyers control might be coming up the coming days as it looks like price is possibly heading for HTF FVG.
Remember this is just a trade idea and nothing is completely guaranteed to play out the way I'm anticipating... Following this trade idea will be on your own risk!
#us30 #dowjones #indices #nasdaq #german30 #dax
DOW - H&S is getting progressed. 📉 DOW JONES – Head & Shoulders Pattern Formation (Right Shoulder in Progress)
The chart illustrates a clear Head & Shoulders (H&S) pattern, a classic bearish reversal signal, forming on the higher timeframe.
🧠 Pattern Breakdown:
Left Shoulder: Formed in early March.
Head: Sharp dip and recovery formed during early April.
Right Shoulder: Currently in the making, aligning with a weekly resistance near 42,880 levels.
Price is expected to reject this resistance and complete the right shoulder.
📌 Technical View:
Strong rejection expected near the weekly horizontal resistance.
If the right shoulder completes and breaks below the neckline (around 41,500–41,600), it may trigger a measured fall.
Fibonacci levels also align, with the 0.382 and 0.5 retracement acting as potential reaction zones.
🎯 Target:
Target: 40,900 levels (Right Shoulder support zone).
This is a confluence zone where buyers may reappear.
Also forms a neckline test, critical for breakout confirmation or reversal.
🔔 Trade Setup Insight:
Short bias activated near 42,880 resistance zone.
Watch for confirmation via bearish engulfing candles or lower time frame breakdowns.
Targeting 40,900 initially. Further downside possible if neckline breaks decisively.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute investment advice or a recommendation. All trading involves risk. Please perform your own due diligence or consult a certified financial advisor before making trading decisions.
DOW JONES History shows that we're now targeting 68000.Dow Jones (DJI) recovered its 1W MA50 (blue trend-line), sending a clear technical message that the 'Trade War' correction is over and the long-term bullish trend has been resumed.
The bottom of that correction was on the 1W MA200 (orange trend-line), which has been the absolute long-term Support trend-line for the index, having broken by a large extent only during the March 2020 COVID crash.
That was also a bottom for Dow's Bullish Megaphone pattern. The last time that the index handed a 1W MA200 bottom while trading within a Bullish Megaphone was on February 08 2016. On both bottoms, the 1W RSI hit the 30.00 oversold barrier.
In 2016 that bottom rebound initiated a (blue) Channel Up that lasted for almost 2 years and peaked on the 3.0 Fibonacci extension level. If Dow continues to replicate that pattern, we are looking at a 68000 Target (Fib 3.0 ext) by mid-2027.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
US30 Is Very Bullish! Buy!
Take a look at our analysis for US30.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 42,620.8.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 45,530.9 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
DOW/US30 - PERFECT TIME FOR LONG ENTRYTeam, i hope you all making millions on SHORT BOTH SETUP UK100 AND GER30 today
However there is no perfect time to entry LONG DOW/US30 now
please follow the guideline and entry..
target 1st is 150-200 points
2nd target between 300-500 points.
we expect this swing will take tomorrow and next day for the recovery.
Bullish continuation?Dow Jones (DJ30) is falling towards the support level which is an overlap support and could bounce from this level to our take profit.
Entry: 42,431.21
Why we like it:
There is an overlap support level.
Stop loss: 41,768.34
Why we like it:
There is a pullback support level.
Take profit: 43,934.49
Why we like it:
There is a pullback resistance level
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
US30 Locked & Loaded – Get In, Get Profit, Get Out!**💰 Market Heist Alert: US30 Setup 🔥**
Yo Money Raiders & Chart Bandits! 🏴☠️📈
US30 is ripe for the taking, and we’re rollin’ in with the *Thief Trading Style*—a slick mix of sniper-level technicals and street-smart fundamentals. Whether it’s bull or bear, we strike fast, grab profit, and vanish! 💨💸
---
**🧠 The Blueprint – US30 Hit Plan**
**📍 Entry Zones:**
🔹 **Bullish Strike 1**: Look for a pullback and **buy at 42400** – clean signal to enter the action!
🔹 **Bullish Strike 2**: Set your sights on **40900 - 40800**, inside the Institutional Buy Zone. Wait for an MA pullback, then hit it hard. Fortune favors the bold! ⚔️
🔹 **Bearish Ambush**: If price breaks down below **41600**, it’s time to ride that bear wave 🐻💨
💡 **Pro Bandit Tip**: Set alerts on key levels so you never miss the moment! 🔔
---
**🛑 Stop Loss Defense:**
Protect the stash! Use the **nearest 4H low** as your SL for day/swing trades.
Tweak based on your risk level, lot size, and open positions. 🛡️
---
**🎯 Profit Targets – Take the Loot:**
💥 **Bullish Goal**: Lock in at **44200** – or escape early if momentum cools 😎
💥 **Bearish Goal**: Target **40600** – but don’t overstay if signs reverse 🚪
🚨 Watch out for overbought/oversold traps – this is where many fall.
---
**⚠️ Risk Alert – News Incoming!**
News events = wild moves. Handle with care:
📰 Avoid new entries during major news drops
📉 Use **trailing SL** to secure profits and manage risk like a pro
Stay smart. Stay ready. This is a heist, not a gamble! 💼💣
---
**🚀 Boost the Thief Trading Movement!**
If this setup hits your style, smash that **boost** and show love to the Thief Crew! 💪
We raid charts daily with precision, profit, and a bit of outlaw swagger. Let’s own the US30 together! 🤝💵
Stay sharp, alerts on, and eyes wide—more setups coming soon.
Catch you in the green, bandits! 🤑🎉📊
US30 Breakdown May 19thWhy shouldn't you write with a broken pen? Because it's pointless. Just like your life if you don't stay focused on your purpose. Ok let's get to work!
Price is on a beautiful uptrend and right now it's on a retracement down to 42650 area. I believe price will continue to push up to the 42870 Level.
How I'll enter
I am going to wait for price to get down to the 42650 level
Wait for a break of structure as confirmation for a buy (on a 1min)
Then Buy
But like my ex, price does whatever it wants, so be careful and always wait for a break and retest or a break of structure near the key areas.
Have fun. And trade responsibly
US 30 - Ranges overview (update) Let's have a look at US 30. Just like most markets it's trading up and following the plans we sketched out earlier.
Let's see how me trade from here.
We are currently entering the HTF inverted FVG sitting around 42115.
IF we hold the HTF inverted fair value gap expect us to aggressively trade towards 42500 and and the buyside liquidity sitting around 45000 (red line).
IF we fail to hold the HTF inverted fair value gap expect us to trade back towards 40400.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.