Weekly Forex Outlook Sun.Nov.10.2024 - Fri.Nov.15.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
WALLSTREETCFD trade ideas
PREPARE TO FILL YOUR BANK WITH US30 BEAST!!!🚨Dow30 High Probability SELL Setup SOON 🚨
* Here We Can See Clearly The Next Potential Moves For US30 In Coming Hours/Days.
* Here We Can See Clearly Dow Jones Is Forming Head & Shoulder Reversal Pattern.
* Keep A Close Eye On Your Trading Positions.
* Happy PIP Hunting Traders.
* FXKILLA *
US30 SET UPDow Jones (US30) is Falling towards a Pullback support and could potentially bounce off this level to climb higher.
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.
US30 is showing upward signsus30 has taken correction and tested previous resistance and knowing showing bullish signs, good chance for buying at current levels with a stop loss just below the previous support
DOW/US30 - WHAT SHOULD WE DO?Team, last night we successfully short the DOW/US30 - hit both target more than 300 points
Another 3 hours, we are shorting DOW/US30 again at 44186-44232 ranges
with STOP Loss at 44432
Target 1 at 44132-18 - Once the first target hit, bring STOP LOSS to BE
Target 2 at 44096-86
Target 3 at 440.32-54
Bearish drop?US30 is breaking out of the pivot and could potentially drop to the 1st support which is slightly below the 38.2% Fibonacci retracement.
Pivot: 43,901.47
1st Support: 43,331.19
1st Resistance: 44,528.35
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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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.
Upcoming Prediction for Dow Jones Somewhat new but slowly getting the grasp of things I think.
8H, 1D, 1W have upcoming resistance in forecast already starting to show signs of resistance. But looking like a movement to grab liquidity.
Gimme advice if you see something , open minded to hear
BLACKBULL:US30
US30 SELL NOWUS30 have been on uptrend while leaving a gap down the sell side liquidity which will get filled am looking forward to see price take out the fvg zone at 43,820 for an aggressive or massive drop down to fill the gap and sweep liquidity below
MY GOAL TARGET IS 41,886
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
Potential bearish set up on the 1 hour chartConsider entering a short position if the price shows signs of rejection at the resistance area. This trade setup anticipates a move down towards the lower end of the channel, with a stop-loss above the resistance. Keep in mind that this is a short-term setup, and price action should confirm any entry.
This is a technical view and should be used alongside other analysis methods and risk management strategies.
A Market Walking On EggshellsThe Dow finished up on Friday, but off it's high as selling came in late...notice the sincere break of the trend line last week and Friday's action came back to kiss the under line..odds are that this week coming is down.
Just a few days until the big show, the outcome has already been decided, they are selected, not elected.
Whatever the outcome of the theatre, the masses still believe change will happen to improve their lives, only disappointment ensues.
Expect volatility this week, any negative event will trigger fast moves to the downside, watch your position size.
Gold sold off towards the end of last week, a correction is due...a sell signal triggered.
PM's are a long term play, we have been bulls for 20 years, gold has risen over 35% this year, silver around 40%. This bull has a fair way to go before peaking, we are only in wave 3 of 5...expect a minor wave 4 pullback now and a huge spike coming by years end or so. The coming collapse will drive gold and silver to unseen levels, our target for gold in Australia is $10,000 an ounce, that could be shattered, and up to $15K or more, silver target of $300, perhaps high hundreds or $1000 and ounce...the catalyst will be contagion.
We stay short the Dow, prepare for the unexpected this week.
Appreciate a thumbs up, good trading and God Bless you all!
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 H1 | Falling to pullback supportDow Jones (US30) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 43,909.20 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 43,600.00 which is a level that lies underneath a pullback support.
Take profit is at 44,527.74 which is a swing-high resistance at the all-time high.
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DOW JONES: Short term target 44,850.Dow Jones is almost overbought on its 1D technical outlook (RSI = 69.283, MACD = 438.030, ADX = 26.531) and on top of that, the 4H RSI has been inside overbought territory since November 5th. The price action remains inside the Channel Up that started in August but every time the 4H RSI trades sideways like this on overbought ranges, the price enters a smaller Channel Up and leads to the peak HH. That's what we are aiming for now (TP = 44,850).
See how our prior idea has worked out:
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