US30 Index can go Bullish if, H1/H4 closing happens above 35000, it can move bullish upto 35150 level. or it can go Bearish if, H1/H4 closing happens below 34880, it can move bearish upto 34730 level #️⃣ Trend expectations from 8:00AM to 12:30PM USA Time EST. #️⃣ Trade with 1-2% risk only.
DJI intraday trading alert 3 simple steps to find a quality setup! Risk Reward Ratio 1:2 Anyone same idea with me? BUY DJI Good luck traders...
As we all know, Dow30 (All American indices in fact) started to drop since the beginning of the year. However, looking at a longer chart we can see that this drop is overlapping suggesting correction. At the beginning of October, Dji made a new low under 30k, followed by a second drop in that zone, making a small double bottom. After the break back above 30k, the...
It hasn't been more than a month ago (October 10) when we first posted the 1D MA300 (yellow trend-line) as our long-term target for Dow Jones (DJI): The index came just a few points below it and so far we see a minor pull-back and consolidation, attributed both to profit taking as well as risk aversion before the important CPI report on Thursday. As...
The Dow Jones Industrial Average (DJI) fulfilled our buy signal given in late June after the price made a Lower Low on its long-term Channel Down: Right now the scene has slightly changed as the 1D RSI broke above its 8 month Resistance Zone and even though the price is now exactly on the Lower Highs (top) trend-line of the Channel Down, this may be the first...
Dow Jones is ready to go lower to complete (ABCDE) daily waves and test the key resistance zone 25k
Pattern: Channel Up on 1D. Signal: Buy as the price rebounded on the 1D MA50. Target: 29000 (1.2 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!...
short side setup in Dow Jones level 26500 coming
Pattern: Bullish Megaphone on 4H. Signal: Bearish as the price was rejected on the Megaphone's Higher High trend-line and broke through the (dashed) inner Higher High line. Target: 24250 (roughly a -6% decline like the previous Higher High rejections, as well as contact with the 4H MA200). ** Please support this idea with your likes and comments, it is the...
Pattern: Emerging Channel Down on 4H. Signal: Bearish as long as the 24395 trend-line is intact. Bullish if it breaks. Target: 23350, 22950 and 22380 in succession (Supports 1, 2 and 3 respectively) depending on how much risk you want to take (R/R ratio). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
This is a DJI comparison of the Great Depression and the phase that preceded it against the current COVID sell-off and the phase since the DotCom bubble that led to it. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** As you see both time phases are Megaphone patterns. Both started on high...
Pattern: 1H Channel Up. Signal: Bearish as the price failed to break the medium term Higher High trend line (bold black) was rejected sideways and formed a Death Cross (MA50 crossing below the MA200) while the 1H RSI is trading on a bearish divergence. Target: 28,030 (1H Support) and 27,800 (4H Support).
DJI (US30) SELL Entry 1 27,320 Entry 2 27,370 Sl 27,421 Tp.1 27,120 Tp.2 27,000 Tp.3 26,890
Pattern: 4H Channel Up. Signal: Bullishas the price is near the Higher Low region. Target: 27200 (Lower High of the 1W Triangle) and 27400 in extension (1W Resistance)