Potential Buy Idea on Us30Typical order block confirmation appeared now getting ready to head back up after re-test . .
WALLSTREETCFD trade ideas
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 44,992.00 to 44,020.00, respectively, is highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified between 44,992.00 and 44,020.00 serving as a low-risk sell.
Bearish Targets📉:
44,950.00 : Possible retracement area.
44,910.00: Possible retracement area.
44,870.00: Possible retracement area.
44,830.00: Possible retracement area.
44,780.00 : Significant demand zone.
44,715.00 : Liquidity area.
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
US30: Key Levels and Strategy for Tomorrow’s London SessionThe Dow Jones (US30) is approaching a critical support level at 44,700, and its behavior around this point could dictate market direction for the session. Without major news on the calendar, technical analysis and sentiment will play pivotal roles. Here's how to prepare for potential scenarios.
Scenario Analysis:
Bearish Case:
A break below 44,700 signals bearish momentum, with possible targets at 44,500 and 44,300.
Look for confirmation via high trading volume and bearish candlestick patterns like engulfing red candles or breakdowns on the 1-hour chart.
Indicators: RSI moving toward oversold (<30) and MACD bearish crossover strengthen the case for further downside.
Bullish Case:
If the market bounces from 44,700, it could signal a false breakdown, with resistance at 45,000 being the next target.
Look for bullish price action patterns, such as hammers or engulfing green candles, and confirm with rising volume.
Key Levels:
Resistance: 45,000
Support: 44,700 (critical), 44,500 (secondary)
Indicators to Watch:
RSI: Overbought (>70) or oversold (<30) zones to anticipate reversals.
MACD: Bullish or bearish crossovers for confirmation.
Volume: Validate breaks or reversals with higher-than-average activity.
Trading Strategy:
Sell if: Price closes below 44,700 with confirmation. Target 44,500 or lower, with stop-loss just above 44,700.
Buy if: Price reclaims 44,700 or bounces decisively. Target 45,000 with stops below the support zone.
Stay cautious, as market conditions during the London session can shift quickly due to liquidity changes. Use proper risk management with tight stop-losses and watch for false breakouts. Let’s see how this plays out! 🚀
us30 - 15 min ( Buy Scalping Target Range 200 PIP ) ⚡️ US30
Best Break Our / Key level's 15m Tf
🚨Bullish After Break Out key level + High Volume / 44900 Area
Break Out done
⚡️ We Only Sent Most Accurate Opportunity and Analysis Not by Number ..
🔖 Announcement Coming After Successful Break
Back to bull run after the key data release Day before yesterday the US30 closed all time high, showing it's strong bull run.
us30 liq and fvgFirst, there was a liquidity grab on the 1H timeframe, followed by a break of structure and the formation of a fair value gap (FVG).
YM (US30): Trend in daily time frameThe level of 43690 is very important to valid this setup.
Please pay special attention to the accurate trend, channel, and colored levels.
Its very sensitive setup, ...............<<<<<<<<<<<<<<<<<<<<<<<
Be careful
BEST
MT
US30 - ATH Reached, Key Levels for Bullish and Bearish MovesTechnical Analysis
The price recorded a new ATH at 44,930, as anticipated. Now, it appears to be starting a bearish trend, though it is possible to touch 45,020 before the trend turns bearish.
Bullish Scenario:
The price should stabilize above 44,930, confirmed by a 4-hour candle close above this level, in order to target 45,200.
Bearish Scenario:
As long as the price trades below 45,020, it will remain bearish, with potential targets at 44,530 and 44,410, especially if the price stabilizes below 44,790.
Key Levels:
Pivot Point: 44920
Resistance Levels: 45020, 45200, 45320
Support Levels: 44740, 44530, 44410
US30 TO TANK DOWN BEFORE IT SHOOTS UPGood day traders today we will be trading the dow as you can see, on the bigger timeframe we are expecting a retracement before the market continues to push to the upside, we that being the case i thing the market will tank down as soon as it touches the OB @44902.3 although the market might tank down even further for th retracement, our TP will be @44587.7 and thats about 300pips then done for the day GOODLUCK!!!
Entry:44902.3
SL:44942.7
TP:44587.7
Check the trend It is expected that a trend change will take place at the current resistance level and we will witness the beginning of a correction.
If the index breaks through the resistance level, the upward trend will continue to the 78.6% level.
DJIDJI - Dow Jones
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
DOW JONES is respecting our major August buy call beautifully.Dow Jones (DJI) is about to hit the 45000 Target on our last buy call (November 20, see chart below) and complete a +8.30% Bullish Leg rise within the Channel Up that started on the August 05 Low:
We are very pleased also to see the index making enormous progress after our big August buy (Aug 07 idea, see below) which was exactly on the last major Low of Dow:
As you can see, we successfully formulated that trade based on the extremely symmetric price action of 2016 - 2017. We've explained the notion on the previous idea, but we will refresh your memory if you read this analysis for the first time.
Dow was already trading within a Rising Wedge pattern in 2016, which towards its end broke upwards and first completed a +19.50% rally. The second Leg of the Bull rally was completed on a +30.70% rise from the pull-back Low and then the markets entered the multi-month volatile period of the U.S. - China trade wars. Key Lows of the Bull Rally were made in October 2016, April 2017 and the last in August 2017. It is important to note that after the August 2017 Low, the index had the most aggressive part of the rally, attached to the top band of the Bollinger Bands range, which is what we've called before "riding the BB wave".
Back to more recently and the Rising Wedge that started in 2022, it broke upwards in identical fashion as 2017 (first Leg +23.40%, Lows in October 2023, April 2024 and the most recent August 2024, which as you saw was our last major buy). Even the 1W RSI sequences between the two fractals are similar. What's left now is for Dow to complete a +30.70% rise from the August 2024 Low, in order to conclude the pattern from 2017.
Our long-term Target since August remains thus intact at 49000. Keep in mind that this is the essence of long-term investing/ trading and this is the strategy with the highest winning rate. Note also that if it takes the same time to conclude as the 2017 Leg did from the August 2017 Low (green Rectangle, 168 days), then the peak should be formed end of January/ early February 2025.
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US30 BUY OR SELL?Trading is time sensitive, you still sleeping?
YELLOW-previous monthly low and high
BLUE-previous weekly high and low
GREEN-previous daily high ang low
As observed we are trading in a dip.
Dips can be a little confusing, and cause not only frustration but loss of capital invested.
The best way to trade a dip is to be patient, highlight your high and low and keep in mind that most buys happen at lows and most sells at highs.
With this in mind, one needs to have a clear picture of what happened at the beginning of the month and what is happening today.
In this case;
1.Price bought low at the monthly.
2.Price is trading at a monthly high.
3.Price is trading at a weekly low.
4.The daily candlestick closed above both the monthly high and the weekly low.
**For one to buy, price has to sell first, wait for a sell before buying.
Lastly, understanding what you are trading, if Donald Trump is behind it rest assured you should BUY. You just need to know when by observing the daily candlestick.
The best place to buy would be below 43330.4
US30 ( DowJones ) 4H Update The DowJones has once again hit its dynamic resistance level on the daily timeframe, and in the 4-hour timeframe, we're seeing a 3D pattern. We might expect to see a price correction until it reaches the indicated range...
US30 SELL ANALYSIS RISING WEDGE PATTERNOn US30 price there is a rising wedge that form which means price is likely to fall more if line 43459.5 break and trader should go for SHORT and expect profit target of 42566.2 and 41245.2 . Use money management
US30 Intra-Week Analysis Nov 26th 2024With election drama coming to an end, we have a good visual of how it impacted the US30 market. With trumps pro-growth economic policies him being elected president striked a huge rally across multiple asset classes and with a continued bullish trend even up until today, which we could potentially see carry on till the end of 2024. Price has recently broken the previous All-Time-High of 44400 and continues to show bullish price action giving us no reason to anticipate sells. The only valid selling opportunities would be if price breaks back below 44400, in that case, we can look for pull back to 43800 or 43400.
DOW/US30 - HOW FAR DOES IT REACH THE CEILINGTeam, we have not been providing any trade signal since last week,
however, we did some scalping trade during the week,
but now we are looking the chart, and it is time to consider
We are shorting the DOW at 44860-44935, STOP LOSS at 45035
Target 1 at 44796-44806
target 2 at 44636-65
target 3 at 44336-52
Once the target 1 hits, take some partial and bring stop loss to BE.
US30 30MIn the Dow Jones analysis on the 30-minute timeframe,
I plan to sell at the price of 44,900 against the trend.
After a price correction, the market is expected to rise toward the target of 45,720.
At that level, I anticipate a downward trend. The main direction bullish.
us30 liq sweep US30 created a gap over the weekend that still needs to be filled. This gap serves as the take profit target. However, it could rebound around 44,500, so consider taking partial profits or moving the stop-loss to break-even. The trade rationale was a liquidity grab followed by a break of structure, aligning with a fair value gap. This indicates a solid setup with an excellent risk-to-reward ratio.
Dow Jones (US30) Market Breadth EMA20 AnalysisThe US30 Market Breadth Indicator EMA20 is an essential tool for assessing the participation of DJIA stocks in the current trend. It measures how many stocks are trading above their 20-day EMA, offering valuable insight into market breadth.
Current Market Breadth Overview:
🔴 RED Zone: The indicator currently shows 25-30 stocks above their 20-day EMA, signaling strong bullish breadth with most stocks participating in the upward trend.
📈 Over the past several bars, the histogram transitioned from yellow to red, indicating increasing bullish momentum as more stocks moved above their 20-day EMA.
Price Action & Breadth Convergence:
The US30 has been in a clear uptrend, recovering from lows around 42,846 and reaching a high of 44,807. Higher highs and higher lows support the bullish narrative, while the red histogram confirms broad participation across the DJIA stocks. This alignment suggests the rally is well-supported by market breadth.
How to Apply Market Breadth to Your Trading Strategy:
You can use Market Breadth to enhance your trading strategies by identifying the strength of trends and spotting potential reversals. For example, when the histogram is in the red zone, it supports bullish trend-following strategies, as it indicates broad market participation. However, if the histogram transitions from red to yellow, it suggests a decrease in the number of stocks above their 20-day EMA (from 25-30 to 7-24 stocks). This shift could signal weakening momentum and serve as an early warning to tighten stop-losses, take partial profits, or prepare for a potential pullback.
Integrating Market Breadth with price action allows you to fine-tune your entries and exits, improving risk management and strategy performance.
Trend Outlook:
🚀 The trend remains bullish, with the red histogram and higher price levels suggesting a continuation unless breadth weakens significantly.
⚠️ A shift from red to yellow is a potential warning sign of declining momentum, indicating caution is warranted.
Look for shorts for US30, and us100This gap always needs to be filled at some point, in my opinion. So only looking for some type of shorting setups. *This is not financial advice* Enjoy..
