Correction Expected Before Bullish MomentumOur technical analysis suggests that US30 is due for a corrective move before resuming its bullish trend. We anticipate a pullback to the previous low, where we'll look to buy on the retest.
US30 trade ideas
DOW/US3- PREPARE TO SHORT ONLY WHEN IT FALL INTO THOSE PRICETeam, I prepare for the DOW tonight, ensure only SHORT when the price reach at 42516-42497, STOP LOSS at 42625
Target 1 at 42409-42012 - BRING STOP LOSS to BE once target
Target 2 at 42312
Target 3 at 42150
ONLY short when they are falling to that price only
US30 SELL - We have approached all time high area
-Market is currently overbought after its 700 pip rise over the last 12 hours
-1 min timeframe starting to show signs of buyers exhaustion
-FVG needs to be revisited at 43435
-RSI on 30min, 1hr, & 4HR are above 70
-Higher Low is a more probable to happen next over market breaking all time high and keep pushing after it just had a 700 pip run.
- Last but not least, my traders intuition tells me it's a Sell
US30 POTENTIAL BULLISH MOVEUS30 Market Outlook for the Upcoming Trading Week
I’m expecting a potential retracement in US30 back into the highlighted demand zone (D.Zn) before we see a significant push toward the target interest points (T.I.P.) I’ve highlighted in orange. This outlook is supported by the bullish imbalances left on the chart from Friday’s price action, which indicates strong upward pressure still in play.
Traders should watch for price movement into the D.Zn area for potential buy opportunities as the market gathers liquidity for the next bullish move. The orange T.I.P. zones are key levels to keep an eye on, as they represent profit-taking points as the market pushes higher.
As always, trade carefully, manage your risk, and monitor for any changes in market conditions that could affect this outlook.
US30- Time to sell!The price is testing the top of the structure near 42800 for the third time. In previous instances, the price reacted to this zone by dropping nearly 3.8%. There is a high probability that it could move down from this zone again, especially as there are important news and data releases this week
If the price starts to move down, support zones can be found near. You can find more details and annotations in the icon!
US30US30 dow jones industrial index will continue to rise base don the structure,
the price action is bullish and calls for immediate correction.
we watch the market structure for clear directional bias.
DOW JONES: Channel Up extending. 43900 possible this month.Dow Jones is on very steady bullish levels on its 1D technical outlook (RSI = 60.810, MACD = 361.330, ADX = 26.315) and this is further displayed on the chart where the two month Channel Up has ended its consolidation and should technically move to the next HH. The 1D MACD is close to a new Bullish Cross, the strongest validation for buying inside this Channel. We expect to see the index reach its top within this month (TP = 43,900).
See how our prior idea has worked out:
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Weekly Forex Outlook Sun.Oct.6.2024 - Fri.Oct.11.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
Recap of NY Session with trades on Dj30 and SilverI took 3 trades today, DJ30 blow off long with NY Open, a parabolic reversal scalp on DJ30 into 3rd hour and a Silver Downtrend continuation short. Aggressive, and lucky session with 3 wins.
US30usd signal US30usd confirm signal
Follow my chart
US30usd buy signal
US30usd now buy 42:299
Support 42,900
US30Bullish Pattern on US30 expecting market to drop up until that trend to complete third touch and then bullish we go
US30Bullish Pattern on US30 expecting market to drop up until that trend to complete third touch and then bullish we go
US30 possible sell opportunity!!Ahead of FOMC meeting. Price currently trade at 42,142 I would be looking forward to how price reacts at 42,373 resistance level for a sell opportunity. Target is 41,867
DOW/US30 time to short NOWTeam, been waiting for 12 hours set up the short, all the arrow are pointing exactly the way we plan. NOW SHORT, WITH TARGET AS DISCUSSED
US30 BUY BIAS-We touched daily support and bounced off in the previous 4hr candle, leaving a huge wick (Bullish hammer)
-We have a FVG that needs to be revisited in the 42160 area
-My key zone was hit as a support at 42016 then I waited for next candle to close bullish as confirmation to get in the buy.
-20 EMA just crossed over the 200 EMA which I use as a confluence when predicting direction.
Expect A Great Fall On US30Considering the 50% and 61.8% Fibonacci area... US30 should from here.
Check chart diagram for more explanation.
Enjoy your profit.
Us30Price Highly giving more bullish continuation patterns and the price is ranging inside a pattern..so I'm looking for buys
Fair Value GapThe liquidity resting on the lows gave the FVG power, this is what i believe ICT calls the liquidity magnet.But the high that we have as a target will then be where our eyes be.
DJIA H4 | Falling to multi-swing-low supportDJIA (US30) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 41,966.98 which is a multi-swing-low support.
Stop loss is at 41,400.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is at 42,720.14 which is a swing-high resistance.
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Dow JonseDowjonse moves in a wide range between ( 37782 : 37079)
i prefer not to take any orders now untill we see clear trend
if it break 37079 and close 4H Candel under this support it will be perfect to take sell order to 35670.00
but if we see it go up and close above 37782 i think it will continue to 41049.00 ( 261.80 % Fibo lvl )
US30 10/8/24💡
Outlook: US30 is definitely a bit behind compared to NAS100. I would personally wait for price to show conviction above the 10 and 20emas on the 5hr time frame and wait and then scale down to the 30m time fram and wait for price to correct into the 10/20emas. Until then I am sitting on the sidelines when it comes to this index. US30 NEEDS TIME
Bias: Neutral, needs time to show conviction and get above the emas. Maybe London session can show some conviction.
US30 Approaches Key Resistance: Buyers are losing momentumIn this US30 chart, price action is currently testing a key resistance zone. After a period of consolidation and a rally, the price is struggling to break above this zone.
The projection indicates a potential bearish reversal if the resistance holds, with price possibly retracing toward the support level around 41,920.
Buyers are losing momentum, and sellers may start stepping in at this resistance. A failure to break above could trigger a move back down, with a significant drop expected to the highlighted support level. Traders should watch for any bearish confirmation before taking short positions. If the price breaks through resistance, however, it could invalidate the bearish scenario and lead to further bullish continuation.
US30 Possible Bulls PowerUs30 has more buy momentum reflection bulls power overshadowing the bears,
we wait and see how it will then playout
