US30 Trade ideaUS30 #dowjones failed to break above that resistance, gave us a double top and also breaking structure followed by a retest.Shortby SaacTrades221
DOW JONES All patterns pointing to a bullish break-out.We have seen today's pattern on one of our previous analyses (June 14, see chart below) but on the 1W time-frame: Today we make some slight modifications as we view it on the short-term 1D time-frame. Dow Jones (DJI) continues to replicate the sequence of February 14 2023 - May 30 2023 and following the latest 1D MA50/100 Bullish Cross, is ready to break above the (bold dashed) Ascending Triangle. As you can see there is so far high symmetry between the two patterns. The 2023 one made a Higher High following the Triangle break-out on the 1.382 Fibonacci extension from the bottom. It had two identical Bullish Legs since that Low. As a result, we are targeting at least 41000 on the medium-term, which is tightly located within the 1.382 Fib and a symmetrical +7.50% Bullish Leg. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot15
Technical Outlook – Last Half of 2024Today, I will share how I plan my trades for the second half of 2024. I am not trying to make any predictions here, as no one knows the exact day or hour. However, when a big move or turnaround begins, we will be able to recognize what is about to come. Micro E-mini Nasdaq Futures & Options Ticker: MNQ Minimum fluctuation: 0.25 index points = $0.50 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com 07:20by konhow2211
Check the trend It is expected that the index will pass the resistance range and advance to the next resistance range. Then there will be a possibility of changing the trend. If the index stabilizes above the resistance range, the upward trend is likely to continue by STPFOREX1
Analysis of US30 Index on a 1D Time FrameLooking at a 1D time frame chart of US30 index, it can be seen that a continuous pattern of Cup and Handle is formed. There was a bullish trend before the formation of C&H with 3 peaks of bearish divergences at 73.43, 70.44 & 70.55. The divergence was in sync with the price action (70.44 & 70.55) hence making C&H a continuous pattern. However, the handle showed a much deeper downward spike and later a new upward trend can be seen in formation with HHs and HLs. I have also plotted a “Neckline” of the C&H pattern along with its projection. I have used the skill of ABCD Bearish Reversal Harmonic to determine the possible path of the trend with PRZ at the tip of the Projection of C&H. If the trend continuous on the determined path (of ABCD Harmonic) I would take an entry once the trend will break the neckline with SL at an appropriate HL of the trend.Longby MuhammadArif0390
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 39540 to 39585. Additionally, one medium-risk buy zone between 38860-38820, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 39540 and 39585, serving as a low-risk sell. Important Demand Zone🟢: Identified between 38860 and 38820, serving as a low-risk buy. Bullish Targets📈: 38920: Possible retracement area. 39000: Possible retracement area. 39120: Possible retracement area. 39360: Possible retracement area. 39460: Possible retracement area. 39540: Significant supply zone. 39600: Liquidity area. Bearish Targets📉: 39460: Possible retracement area. 39360: Possible retracement area. 39120: Possible retracement area. 39000: Possible retracement area. 38870: Essential Demand Zone Ultimate Target: 38800- Laying Low Liquidity What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.by T4X_Trading6
NFP possible move effect on DJ30Price action is already having its effect on DXY in preparation for NFP so DJ30 will most likely sell with itShort02:52by reginaldgodswill11
Dow Jones Reversal Bearish trend in dow in upcoming days.Maintain strict stoploss on bearish structure break. Just a view.Shortby Ashu99999221
DJI vs NDX - Sell when DJI starts rising vs NDXThe Nasdaq tops are indicated with red vertical lines. DJI / NDX reaches a LOW when Nasdaq tops. I think in 2024/2025, we'll have something similar. The RSI reached 18.72. We are at 29 now. Still room to go down. When the Dow Jones starts rising vs Nasdaq, sell your investments! The top in 2000 was in March. Could we have a top in March 2025?Shortby brian76830
US30 TRADE IDEAPlease listen to the audio as it explains what I see on Us30. Please share youre thoughts 02:04by Rhody0
US30 - Bearish continuation ideaTrend reversed to bearish at 15M timeframe Significant bearish displacement breaking previous support Planning sell limit at 0.618 fib level with previous resistance as added confluence.Shortby linkwithasad110
H4 USA30 BUY IDEAWaiting for H4 OB to be obeyed. Take entries on M1, M2 and M3 upon Break Retest of the OB. SL 25-50 pips or 10 pips below the OB. Targets 40500, 42000. Longby YahkinBank113
H1 USA30 BUY IDEAWaiting for H1 OB to be obeyed. Take entries on M1, M2 and M3 upon Break Retest of the OB. SL 25-50 pips or 10 pips below the OB. Targets 39700, 40200. Longby YahkinBank1
Us30Us30 setup buy side liquidity taken and sell side liquidity sweep.now we at the correction phase look for selling opportunities from here.Shortby CurrencyMomentumFX3
Multiple pattern formation Chart Analysis on US30 30m chart.The chart displays a complex set of patterns: - Ascending Channel: Within the descending channel, there is an ascending channel formed by higher lows and higher highs, shown by green trendlines. - Symmetrical Triangle: There is also a smaller symmetrical triangle (blue lines) within the ascending channel, suggesting a potential breakout or breakdown. Volume Profile Analysis - Volume Nodes: Significant volume is concentrated around the $39,120 and $39,000 levels, indicating strong interest in these price areas. - Low Volume Areas: Lower volume is observed between these levels, suggesting areas with less resistance to price movement. Price Action Analysis 1. Top Right (1-Month Candle Chart): - Trend: The long-term trend is bullish, with recent months showing consistent upward movement. - Candlestick Patterns: Recent monthly candles show higher highs and higher lows, indicating a continuation of the bullish trend. 2. Mid Right (2-Week Candle Chart): - Trend: The 2-week chart shows a strong uptrend with the last few candles reflecting significant upward movement. - Candlestick Patterns: Recent 2-week candles are predominantly green, suggesting sustained buying pressure and bullish sentiment. 3. Bottom Right (Weekly Candle Chart): - Trend: The weekly chart also shows an upward trend, though the latest candles indicate some consolidation. - Candlestick Patterns: The most recent weekly candles show a mix of green and red, with the latest red candle suggesting potential short-term consolidation or pullback. Disclaimer This analysis is provided for informational purposes only and should not be considered financial advice. Trading financial instruments involves risk, and you should perform your own research and analysis before making any investment decisions. Always consult with a professional financial advisor. Uby TJalamUpdated 2
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 39540 to 39585. Additionally, one medium-risk buy zone between 38860-38820, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 39540 and 39585, serving as a low-risk sell. Important Demand Zone🟢: Identified between 38860 and 38820, serving as a low-risk buy. Bullish Targets📈: 38920: Possible retracement area. 39000: Possible retracement area. 39120: Possible retracement area. 39360: Possible retracement area. 39460: Possible retracement area. 39540: Significant supply zone. 39600: Liquidity area. Bearish Targets📉: 39460: Possible retracement area. 39360: Possible retracement area. 39120: Possible retracement area. 39000: Possible retracement area. 38870: Essential Demand Zone Ultimate Target: 38800- Laying Low Liquidity What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.by T4X_Trading6
US30 - 15m Scalp on DowJonesUS30 presents a sell opportunity. The price has just broken below the support zone at 39,300, indicating a potential for further downside. Keep an eye on this level for potential entries.Shortby Sober_Trading7
US 30 - Ranges overview Here is a quick insight into what I am looking for on US 30. IF we trade back within the FVG (blue box) and respect it (no clean break above it) I will look to enter and short towards the HTF sellside liquidity resting around 39100 Tape reading for now and will see how and where the market wants to go from here. Don't forget we have the Fed minutes later today as well (2:00 pm NY TIME). As always these high impact news are used for manipulations so be aware. 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.by Patrick27070
US30 SELL IDEAUs30 is in the sell zone but, before it massively goes down, it has to take out the fake high which represents liquidity by Rhody9922
US30 Will Go Higher! Long! Please, check our technical outlook for US30. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 39,122.84. The above observations make me that the market will inevitably achieve 39,327.63 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 113
Us30We are moving in a huge strong bullish continuation pattern on H4 and H1... with these inside this pattern we have various bullish continuation patterns such as the bullish flag... there's plenty more of information...I was just trying to summarise it all...we are going long Longby youowemeson111
US30 Long BiasHello traders! Hope you are all well. I have my eyes set on this long position on the Dow. As you can see there are 2 solid demand zones. 3 options we have here: 1 - Combine both demand zones and increase risk on the position accordingly. 2 - Take the first trade from the higher zone, and if it breaks, buy the bottom demand zone. 3 - risk missing the first trade and wait for the bottom demand zone. I will personally go with option number 2. A new all time high is expected! Let's see! I am entering the trade the moment price hits the demand zone. But, trade safe! ;) Until next time!ULongby NeddFx13Updated 16