US30Forex trading involves higher leverage (up to 50:1) and 24/5 market access, focusing on currency pair movements affected by economic data, interest rates, and geopolitical events - the key risk is that high leverage can quickly amplify losses, plus overnight positions face swap fees and gap risks during major news. Stock trading typically offers lower leverage (2:1 to 4:1), operates during exchange hours, and focuses on company fundamentals, earnings, and broader market sentiment - main risks include earnings surprises, market volatility, and lower liquidity in individual stocks compared to major forex pairs, while key advantages include better transparency through public financial reports and generally lower spreads than exotic forex pairs.
DJI trade ideas
US3OUSD weekly Analysis 18 Nov 23 For the US30USD (Dow Jones Industrial Average) weekly analysis for November 18, 2023, key observations from the recent analysis indicate:
Bearish Outlook: The US30 is forming patterns that suggest potential downward movement, such as a head-and-shoulders reversal. Analysts recommend monitoring for a "sell-on-rise" approach. Key resistance levels are around 42,767, and the take-profit zone could be near 42,175, with a stop-loss of around 43,368
TRADINGVIEW
TRADINGVIEW
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Market Structure: The price tests resistance levels close to 61.8% of Fibonacci's retracement, suggesting a probable pullback if it fails to break these levels. Traders should wait for confirmation before executing positions
TRADINGVIEW
TRADINGVIEW
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Is the Dow Jones breaking through its resistance level?Given the resistance around 43,486, if this area is breached, a rise to the range of 43,647 and 43,892 can be expected.
Otherwise, if the support at around 43,341 is broken, a decline towards the level of 43,210 may continue.
US30-support and resistanceUs30 retest the support zone and price pull back if price broke the support of 4 hr price may go bearish
Dow Jones Industrial (DJI) Short Trade: TP1 DoneThe DJI (15-minute timeframe) chart presents a well-executed short trade setup, delivering substantial initial profits and paving the way for the remaining targets to be achieved.
Key Trade Insights:
Entry Point: Positioned at 44,159.10, as identified by the bearish crossover and resistance from the downward EMA.
Stop Loss: Strategically placed at 44,322.02 to safeguard against upward reversals.
Targets:
TP1: 43,957.73 ✅ Achieved
TP2: 43,631.88
TP3: 43,306.04
TP4: 43,104.67
Technical Breakdown:
Bearish EMA Structure: The red EMA ribbon suggests sustained downward pressure, reinforcing the bearish sentiment.
Volume Confirmation: Declining upward retracements signify reduced buying momentum, increasing the likelihood of hitting deeper targets.
Trade Outlook:
With TP1 secured, market momentum and bearish patterns strongly favor hitting TP2 and beyond. Traders using the Risological Indicator are positioned to capitalize further on this move.
Stay vigilant and let the profits roll in!
Us30There is a support area on the daily 43.313. If it is maintained, the rise will continue. However, if it is broken, it will go to the demand area at 42.121.
Bullish us30 Initial setup before market open is a w pattern formed looking to retest the neckline and the parallel trendline and give a good close above the long moving average to buy
Short trade
2nd trade:
Sellside trade
Tue 12th
NY Session PM
Entry 44037.2
Profit level 43845.7 (0.43%)
Stop level 44065.3 (0.06%)
RR 6.81
Weekly Forex Outlook Sun.Nov.10.2024 - Fri.Nov.15.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
NEW IDEA FOR DOW By examining the trend in the four-hour time frame, the Dow Jones Index has an important support range in the range of 43,582-43,662, and provided that no four-hour candlestick closes below the aforementioned support range are maintained and recorded, the price may increase to a high resistance level in the range of 45056.
1-hr US 30: Buyers Are in Control
The US30 index is currently displaying significant bullish momentum, highlighted by the formation of a Golden Cross, where the 20-day moving average (MA) has crossed above the 60-day MA. This technical pattern is widely regarded as a strong upward signal, often indicating the potential for continued price gains. However, after reaching new highs earlier this week, the index is now experiencing a correction phase, with the price pulling back to test the immediate support level at the 23% Fibonacci retracement. This zone may serve as a key short-term support, yet profit-taking by traders could exert additional selling pressure, potentially driving the index further down. A deeper correction might see prices testing the 38% Fibonacci retracement at 43,430 or even extending to the 50% retracement level near 43,100. From a risk management standpoint, these lower levels offer more attractive and safer entry points for long positions, as they align with stronger technical support and provide a better risk-reward profile for traders looking to capitalize on the broader bullish trend.
Bearish scalp us30Price is now below the long moving average also broke of of both bullish trendlines a re test of the long trendline we can try a sell to the previous day's low
US30 Hits New High, Eyes Further UpsideHello,
BLACKBULL:US30 has reached a new high and may now test the 1W pivot point and support structure. However, further upside movement is still anticipated!
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Short trade
1Hr Tf overview
1min TF Observation (RSI)
Sellside trade
Mon 10th Nov 24
Pair US30USD
NY Session PM
Noon (NY time)
Entry 44071.0
Profit level 43914.9 (0.35%)
Stop level 44099.7 (0.07%)
RR 5.44
Reason for entry: monitoring 1min TF
for entry with RSI indicator
for directional bias.
US30 SELL 30 MINUTE TIME FRAMESTRONG SUPPLY ZONE
Recent Double Top Formation
Price has to feel the gap below Expecting a 4:1 reward, Let's see!
Short trade
1hr TF Overview
Sellside trade
Pair US30USD
NY Session PM
Noon (NY time)
Entry 44385.7
Profit level 44065.0 (0.72%)
Stop level 44539.9 (0.35%)
RR 2.08
Reason for entry: R
reaching new high and
accounting for a retracement
to balance the new price range
Bullish Us30 Hunting for a 300point move to the upside , trends in trends move h1 is confirming as well as the m15 timeframe
us30 pay me While observing the market i developed a point of interest and determined where the next draw on liquidity would be. I am anticipating price to be distributed to the upside once that area of demand ( bullish order block) is tested
Dow Jones Wave Analysis 11 November 2024
- Dow Jones rising inside impulse wave 5
- Likely to reach resistance level 45000.00
Dow Jones index continues to rise inside the minor impulse wave 5, which previously broke the key resistance level 43500.00 and the resistance trendline of the daily up channel from August.
The active impulse wave 5 belongs to the weekly upward impulse sequence (C) from April of this year.
Given the clear weekly uptrend, Dow Jones index can be expected to rise to the next resistance level 45000.00 (target price for the completion of the active impulse wave 5).
Selling outlookWe are looking at sell opportunities targeting the recently broken higher time frame swing high level, an acceleration in price to be expected towards this level as break and test retail traders will be opening buy positions to push price to the upside.
We are selling against the late buyers given that the DXY is gaining strength and the drop in Gold price is the greatest signal we can use in our advantage at the moment.
Bearish Correction Expected with Key Bullish Trigger at 44270Technical Analysis
The price has increased by approximately +5.20% over the past week.
Today, a corrective move toward 43900 is expected, with a break below 43760 potentially signaling a bearish trend targeting 43350.
Alternatively, a break above 44270 would open a new bullish phase, aiming for 44400 and 44600.
Key Levels:
Pivot Point: 44270
Resistance Levels: 44400, 44600
Support Levels: 43900, 43760, 43350
Trend Outlook:
Bearish Correction toward 43900
Bullish Continuation above 44270
previous idea:
US30 Will Go Up From Support! Buy!
Here is our detailed technical review for US30.
Time Frame: 17h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 44,172.7.
Considering the today's price action, probabilities will be high to see a movement to 44,971.3.
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.
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