RR=2 sell ideabearish shark pattern + breakout of rising wedge + RSI divergence : price might reverse to retest previous support levels
PS : never risk more than 2% of your capital per trade
US30USD trade ideas
trend dji#dji
Uptrend
Support Range 42700
In case of consolidation above 43150
Moving towards your target in the range of 43900
Change the trend A corrective trend is expected to form up to the specified support range. Then, according to the behavior of the index in the support range, possible scenarios have been determined
We finally hit TP on US30!This was a very long ride spanning two weeks...
We tried to layer in another position which got stopped out, however, we held on to our bias because of some level of certainty we have as regards price direction...
Here we are at final take profit...
US30 FRIDAYSELLoffThursday is "Thurstday",
#FridaySELLoff @ 43200.0
{{ SL 43300.0 }}
---------‐-----------------------------------------------------------
43142.0 -- WATCH the REVERSALS ,
43048.0 TP¹
42900.0 TP²
42747.0 TP³
HappyTradingView
US30 sell opportunityAt US30 Empire, we believe the US30 (Dow Jones) is primed for a drop based on several key technical indicators. Here’s why:
1. Stochastic Oscillator in Overbought Territory: The stochastic oscillator, a momentum indicator, is signaling that US30 is in an overbought zone. This suggests that the index may have risen too far, too fast, and is due for a correction. Historically, when the stochastic hits these levels, we see a pullback in price.
2. Trend Lines Indicate Resistance: Our trend lines, drawn from key highs and lows, show that the US30 is approaching a major resistance level. This resistance aligns with the index being at its highest price ever. Typically, markets struggle to break through strong resistance without a significant retracement first.
3. Pivot Points Signaling Reversal: Based on pivot point analysis, the US30 is sitting at a major pivot level. This level often acts as a turning point in price movement, and combined with other indicators, it suggests the potential for a reversal.
4. Support and Resistance Levels: The US30 is currently testing long-standing resistance levels. As price fails to break through, this creates a barrier that historically leads to a downside correction. These resistance levels, matched with the overbought stochastic, signal that sellers may soon take control.
Overall, the combination of overbought stochastic levels, trend line resistance, pivot points, and price reaching historical highs makes a compelling case for the US30 to drop from here.
US30 Hits New High, Caution AheadHello,
BLACKBULL:US30 has reached another high, but a pullback towards the 1M pivot point is anticipated. Despite this, the majority remains confident that the upward trend will continue. However, caution is advised at this stage!
TradeWithTheTrend3344
Time for US30 to take a breather?Dow Jones index has been spiking since the Fed decided to lower interest rates in September 2024. With just two weeks until the 2024 US presidential election, history suggests that the market typically experiences a correction before elections due to uncertainty.
Will this time be an exception?
Bearish Divergence Signals Potential ReversalBearish divergence could signal a potential reversal, offering a chance to enter at better buy levels. PEPPERSTONE:US30
Us30is all time high and this is wisewe are all time high but daily keep pushing and you dont want to go agaimst the trend right ?
US30 Continuation into no mans Land 10/17As we enter the open and coming off positive news, utilizing the 1H random line as an area of support. We can find another entry that will be favorable with minimal draw down. Sticking to a strict 1:3 minimum with potential for continuation. The TP Extension based upon previous 1H retrace.
US30 in a Clear Bullish MovementUS30 in a Clear Bullish Movement
After breaking out from the triangle pattern near 42,300, the bullish momentum for US30 continues to grow.
A very strong resistance area was observed near 42,600, which corresponded to the all-time high price.
After breaking through 42,600, the price continues to rise slowly and steadily.
A move above 43,180 should push US30 even higher.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
US30Based on the 4-hour chart, the Bearish Rising Wedge pattern suggests a potential reversal of the uptrend on US30. The converging trend lines and decreasing volume indicate weakening buyer momentum. A breakout below the lower trendline could confirm the reversal, presenting a short-selling opportunity.
US30 Will Fall! Sell!
Take a look at our analysis for US30.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 43,093.6.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 42,352.4 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
DOW FAKE BUY INTO ENGULF SELLWe're looking for the market to continue upwards before taking a turn into a 3-5 candle sell before potentially ranging into a swing trade.
Cap Detectors:
- Kareem
- Amilia
- Janelle
- Rita
- Rose
- Tatiana
- SA
DOW30/US30 - SWING TRADE ONLYTeam, with the DOW/US30, we are doing swing trade.
With swing trade, we require to leave room for stop loss, so our target is also big as well
We prefer to enter SHORT at 43069-43085
STOP loss can be TIGHT at 42115 or SWING STOP LOSS at 43215
Target at 42815-45
then Target at 42410-56
PLEASE NOTE: With the swing trade, we could hold the trade for a few days until the target is reached. If we lucky we can get the target hit within the same day demand on how the market react due to data.
US30 SELL ANALYSIS RISING WEDGE PATTERN Here on Us30 price has form a rising wedge pattern and now try to move up so there is a chance of moving down if price reach 42313.5 so going for SHORT is needed with target profit of 41026.3 and 39846.6 . Use money management
US30 TO NEW ATH OF $43,050 (UPDATE)Even though we closed out our US30 investment at the start of this month, you can see how smoothly this analysis played out🦾 I called this trade at the bottom of Wave 5 (Sub-Wave II) & since then US30 has provided a 29% ROI (9,700 PIPS profit).
The Elliott Wave Theory strategy worked out to perfection for this investment!
POSSIBLE SELL ON US30US30 has been in an overall bullish trend, what I have is a recent 3rd touch on my trendline acting as resistance and also a breakout on minor H1 bullish trend inside H4 major trend, I am anticipating a minor sell before a huge move up retesting a high(Resistance turned Support) created on 27 SEPT 2024
DOW JONES: Turned the previous Resistance into Support.Dow Jones is bullish on its 1D technical outlook (RSI = 63.922, MACD = 449.140, ADX = 44.993) as it recovered yesterday's losses but more importantly it is rebounding at the top of the former Channel up. Having broken over it 3 sessions ago, two short term patterns emerged a Rising Wedge (HH, HL) and a Channel Up. If the HH trendline is crossed, it will be the perfect buy signal to target the top of the short term Channel Up (TP = 44,000). The 1D RSI shows that a rally similar to July 10th is possible.
See how our prior idea has worked out:
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Tried Paper Trading, self learning Tried Paper Trading, for self learning purpose. How to add stoploss, target and quantity. This for my self learning.
Dow Jones Industrial Average (US30) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | 15 Minutes Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy
US 30 Clearly hit our target this afternoonUS 30 Clearly hit our target this afternoon and might fall to our nearest support now... Enjoy your profit.
