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.by arongroups1
US30-support and resistanceUs30 retest the support zone and price pull back if price broke the support of 4 hr price may go bearishby FazalSiyal0
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!Shortby ProfitsNinja1
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.by Majed10010
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 Longby Zim_1Updated 1
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 6.81Shortby davidjulien369Updated 0
Weekly Forex Outlook Sun.Nov.10.2024 - Fri.Nov.15.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion02:32by unkn0wntrad3r114
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.Longby arongroups2
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.Longby Trendsharks3
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 Shortby Zim_1Updated 1
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 by TradeWithTheTrend33442
US30 BullsDJ30 on a major bull ride waiting for some retracement then buy and hold till WK TLLongby SagheeruShams0
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. Shortby davidjulien369Updated 0
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!Shortby sebbyj60
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 Shortby davidjulien369Updated 0
Bullish Us30 Hunting for a 300point move to the upside , trends in trends move h1 is confirming as well as the m15 timeframe Longby Zim_11
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 Longby Clear_mind_1
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). Longby FxProGlobal0
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.by cpointfx0
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: Shortby SroshMayi2
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. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider112
US30_Bull RunTECHNICAL OUTLOOK AT 4H: 1. No Divergence yet 2. 0.5 Fib level retracement 3. ABCD Pattern TRADE PLAN: Keep buying at Dips and ride it till the Projected value of 44,970. Longby MBS-TRADES1
US30 / TRADING INSIDE ASCENDING CHANNEL / 4HUS30 / 4H TIME FRAME HELLO TRADERS Current Price Trends: Following Trump’s win, the US30 index rose by 4.90% , The index is now testing historical peak levels around 44,045, with a potential to reach 44,532 if the upward trend holds. Technical Levels and Price Action: The analysis suggests that if prices stay below a certain “ascending channel line,” it could indicate weakness, possibly leading to a decline , The first potential downside target is a “Fair Value Gap” (FVG) between 43,381 and 42,984 , If prices break this zone, further declines could target another FVG range between 42,716 and 42,335. Trend Confirmation: If the price remains below the second FVG zone, it might confirm a downtrend , Conversely, if it stays above these levels, it suggests potential for a continued increase.ULongby ArinaKarayiUpdated 9