us30 buy opportunity technical analysis us30 buy opportunity technical analysis. trend and trade pattern
US30 trade ideas
US30/DOW30 - Preparing stageTeam, we are preparing to short US30 once the price set up confirm at 41035-50. However if the price continue to pass the above price 41150 then we need to review again. Please do not enter yet. We would prefer to trade during US marketing opening.
if it go according to our plan, Short will be place around 41035-50, with stop loss at 41232.40
TARGET 1 - 40898.40
TARGET 2 - 40603.10
TARGET 3 - 40297.70
We will update once we are in the market, please check our update comment below the chart. Thank you
Heading into 61.8% Fibonacci resistance?DJ30 is rising towards the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 41,280.14
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 41,624.76
Why we like it:
There is a pullback resistance level.
Take profit: 40,605.92
Why we like it:
There is a pullback support level that aligns with the 138.2% Fibonacci extension.
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LIVE:US30 TRADE/HAS THIS EVER HAPPENED TO YOU?!!Should have used 1min FVG instead of 1min OB. But we'll get it next trade!! I hope this helps.
Recap of my DJ30 long trade today during EQO NYNice reversal at previous week low, with a fakeout low on the daily and weekly timeframe, entry with EQO with a target beeing daily nPOC, R3
Downward trend According to the behavior of the index in the current support range, possible scenarios have been identified.
The downtrend is expected to continue and continue up to the specified Fibonacci levels
US30 Bearish 4HTF(4H Div, Dow BOS)US30 showing bearish momentum supported by 4H Divergence and DOW Break of Structure (BOS). Based on the seasonality chart of last 30 years, US30 performs bearish in the month of September.
Entry is taken as Sell Stop slightly below the previous HL.
SL is placed above previous HH
TP is taken based on 1:1 and 1:2 R:R.
Note: Break Even if TP1 hits.
What do you think, will it work?
US30 shortsHere is why:
- I believe that US30 is due for a very strong uptrend in the near future. However, orders are not enough to take the pair to all time highs.
- Hence, we saw the rush of downward momentum.
- There is a bearish setup on the 4 hour timeframe and the targets are 40,583
- I am currently looking to sell the pair, but I have to wait for more confluence.
- The best possible scenario, is if price tests 40,950 before I look to sell the pair to 40,580
- Another scenario I would sell the pair is if it forms a setup at 40,790 during the new york session.
- For now, I sit on my hands as I wait for the pair to give me more confluence to sell.
+664% ! The Power of Ai Trading Net Profit: $132,926.43 USD, which is an impressive 664.63% return.
Total Closed Trades: 133 trades have been completed.
Percent Profitable: 66.17% of the trades were profitable.
Profit Factor: 6.76, indicating that for every dollar risked, the strategy earned $6.76.
Max Drawdown: $10,366.73 USD, or 24.76%. This represents the maximum observed loss from a peak during the strategy's performance.
Average Trade: $999.45 USD profit per trade, which corresponds to a 1.67% gain on average per trade.
Average Number of Bars in Trades: 43 bars, which implies that each trade lasted, on average, 43 periods (in this case, 43 * 8 hours).
The performance graph shows a steady upward trend, indicating consistent gains over time.
Dow Jones Record Prices are coming...Dow Jones Breaks to New Closing Record as Tech Pullback Drags Nasdaq into Loss
As long as trades above 41345 means will continue the bullish trend toward 41550 and 41800.
Closing 4h candle under 41345 means there will be a bearish trend toward 41180 and 41030
Key Levels:
Pivot Line: 41365
Resistance Levels: 41550, 41720, 41880
Support Levels: 41180, 41030, 40800
Expected Trading Range Today: The price will likely fluctuate between support at 41180 and resistance at 41550.
Trend: Bullish trend as long as trades above 41345.
DJI Collapse Imminent | Caution All AssetsThis is how we hold the finance sector accountable.
Caution in all assets.
The world economy is grinding to a stand-still.
This selloff will be deep and obviously very painful.
There are a ton of hype stories and narratives out there - I have covered and poked fun at many of the ridiculous narratives in previous posts.
We knew this day would come.
US30 channelUS30 has been trading in this channel for months.
expect either a break and retest to the upside
OR
respects the upper trendline and falls in price!
looking for a daily scalplooking for movement to the upside, a quick scalp before the opening of USA session. and a short from the resistance 1 hour after the opening of new york session. looking for a 1 to 3 risk to reward trade. trade responsibly, never risk more thank 0.5 % on any given trade idea.
Drop on the US30I see some bottoms to be filled in. But market been moving uncertain. Bullish market with very weak tops,giving me the idea that the market will bearish a bit to fill some gap and then continue with the bull run.
Drop on the US30I see some bottoms to be filled in. But market been moving uncertain. Bullish market with very weak tops,giving me the idea that the market will bearish a bit to fill some gap and then continue with the bull run.
US30 / Correction to 41345 then bullish trend...Dow Jones Still trades in the bullish zone
As long as it trades above 41345 it will continue the bullish trend toward 41550 and 41800, especially after their retest on Friday.
Closing 4h candle under 41345 means there will be a bearish trend toward 41180 and 41030
Key Levels:
Pivot Line: 41550
Resistance Levels: 41720, 41880, 42020
Support Levels: 41345, 41180, 41030
Expected Trading Range Today: The price will likely fluctuate between support at 41180 and resistance at 41880.
Trend: Bearish correction till 41345
Dow Jones Industrial Average Near Major ResistanceThe Dow Jones Industrial Average (DJI) is nearing major Fibonacci resistance. When measuring large percentage gains, its more appropriate to compare growth rates.
Within Elliott – Motive waves there’s usually a Fibonacci relationship between the first and fifth waves.
Primary wave had a growth rate of 74% multiplied by the Fibonacci ratio of .618 equals 45.73%. Adding 45.73% growth to the Primary wave bottom of 28,660.94 targets 41,767.58 for the peak of Primary wave .
This target could be achieved on 09/03/24 or 09/04/24.
Last top for the year @ Sep 09?Starting from the bottom in October 2023, the price advance is expected to top somewhere this month. The nature of the correction that will follow is expected to form a bottom with the low on 5th August. Series of Bottoms expected to form like it counterparts in 1956.
DOW JONES continues to rise?According to the resistance in the range of 41611 After breaking this range, expect to climb up to the range of 41876 and in case of strength, the range of 42085 Otherwise, after the failure of the support in the range of 41110, we can expect a drop to the range of 40796 and 40548.
