Dowjones
DOW JONES Looking to break above the 3-month Triangle.The Dow Jones Industrial Average (DJIA) has been consolidating within an Ascending Triangle since the April 01 High and recently is being supported by the 4H MA50 (blue trend-line) since June 17.
As long as it continues to hold, there are higher probabilities to finally break above the Triangle's top (Resistance 1). If it does, the pattern will transition into a Channel Up that will aim for a new Higher High.
The first Bullish Leg extended to as high as +7.52%. The 1.382 Fibonacci extension is technically the break-out target on these occasions, so our Target is in the middle of those levels at 41000.
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EUR/USD : Potential Fall Ahead ? (READ THE CAPTION)By reanalyzing the EUR/USD chart on a 2-hour timeframe, we observe that after an attractive rise, this currency pair encountered selling pressure upon reaching the supply zone at 1.083 and is currently trading around 1.08120. If the price can stabilize below this level, we will likely see further declines to lower levels. This analysis will be updated!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
GBP/USD : Another Bullish Move Ahead ? (READ THE CAPTION)By analyzing the GBP/USD chart, we observe that after gathering dynamic liquidity in the 1.26650 to 1.27 range, the price faced selling pressure and corrected to 1.2615. As you can see, this area is an important demand zone, and the price responded positively to this level. Currently, GBP/USD is trading around 1.2672. If the price stabilizes above 1.26400, we can expect further growth. The targets are the liquidity pools identified on the chart (LP).
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
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US30 Outlook ICT Concepts💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on US30 , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
📉 Strong Reaction to Fair Value Gap
As observed from the chart, there was a strong reaction to the Fair Value Gap ( FVG ) marked, which also established the previous month's high ( PMH ) after the rejection.
📊 Optimal Trade Entry (OTE) Analysis
If you draw your Fibonacci Retracement tool from the previous month's high ( PMH ) to the previous week's low ( PWL ), you will see that the current price range indicates the optimal trade entry ( OTE ) aligns with the Fair Value Gap , marked earlier, and the price reacted remarkably to it.
📉 High-Probability Short Scenario
We can anticipate the price to expand lower, targeting the previous week's low ( PWL ). The price action shows a low-resistance liquidity sweep, a Fair Value Gap, and the OTE levels, presenting a high-probability short scenario.
📈 Conditions for Long Positions
For any long position scenario, we need to see the sell-side liquidity taken out before considering any potential setups.
📅 Impact of Fed Chair Powell Speaking
Additionally, keep in mind that there are high-impact news events this week, especially today with Fed Chair Powell speaking . His speeches can significantly impact markets, so be cautious with your positions. Depending on his remarks, we might see rapid price movements, particularly in interest-sensitive assets.
🙏 Thank you for joining us!
Exploring US30 today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
SPY Launching To $600+ - Then $730+. Get Ready.Have you been following my research?
Do you remember when I called a major base/bottom on 12-28-2022?
Do you remember when I stated, "The capitulation bottom will surprise traders" on 3-20-23?
Do you remember when I called for a "Tech-Bump" rally on 3-25-23?
Do you remember when I updated that peak potential to $425 on 4-26-23?
Do you remember when I stated, "The capital shift intensifies" on 6-25-23?
Do you remember when I warned of a China Credit Event/Crisis happening in 2024 on 8-20-23?
Do you remember when I warned, "US Markets May Double By 2029-30" on 4-21-24?
Now, almost 15+ months after all of these updates/warnings/videos, I ask you to take a look at what's happened in the markets and prepare for the biggest opportunity of your life.
Yes, I see the US indexes (SPY, Nasdaq, Dow Jones, and possibly the Russell 2000) potentially doubling (or more) before 2030-31.
Yes, I see the SPY rallying to levels above $730 in 2025, then stalling into a WAVE-B correction.
Are you ready for something different - factual data reported honestly and with a proven track record? Not hype. Not doom-n-gloom (CRASH posters).
My research is designed to help guide you through the next 10+ years of your life - protecting your assets, learning to become a more skilled trader/investor, and learning to rely on proven technology/concepts.
Are you ready for what's next? Maybe you need to try something different?
DOW JONES is on an expansion phase until late 2025.Dow Jones (DJI) closed the 2nd straight green month (1M candle), something that isn't discussed a lot amidst the pessimistic views lately across the market. Technically, since the bounce on the 1M MA50 (blue trend-line), the index entered a new Expansion Leg inside the Channel Up that started after the 2008 Housing Crisis.
Each Bullish Leg has been so far more aggressive than the previous but even if Dow repeats the 'weakest' one, we will still look for a +75.32% rise since the September 2022 bottom. This translates into a long-term Target of 50000, which can extend as long as late 2025.
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DJO, Dow Jones in a Triangle - Bullish Continuation expectedHey Guys,
Yearly Chart is very Bullish - Broke above ATH and retesting it with this Q2 Candle.
However the Monthly Chart Doji indicates a Balanced Market ahead into the start of Q3.
A break above the highs would indicate a bullish progression - the Triangle could provide fuel for quite a large move - either up or down. Likely to be a move to the upside - given the higher TF Analysis.
37.800 and 42.000 are the Key Levels for the coming Quarter.
Will we see another Quarter of Gains? Or a little pause Pre-Election with some Profittaking under way as well as a ABC Correction towards 35.500?
Thanks for reading…
Us30 Incoming Buy setup!!Why i think US30 will have another leg up!!
Look at the time horizon of the bigger picture we see clearly structure is being maintained to upside,on the Daily Timeframe!!
As we break down to a lower timeframe, which gives us the direction of our potential move, we clearly see nice rejection on the 38.2 fib level also in confluence with the breakout which act as support now
So if you combine the daily trend trajectory plus the H4 timeframe fib level, breakout retest. give us a nice risk to reward to upside
H1 timeframe we see a nice buying momentum coming in!!
Follow me for more simple breakdown!!
US30 - 15m Buy scalpThe Dow Jones Industrial Average (US30) is currently on an upward trajectory, showing strong bullish momentum on the 15-minute chart. As it continues to rise, it is approaching a key resistance zone that has previously served as a turning point. Traders should watch this level closely, as the price may test and react to this resistance, potentially leading to a breakout or a consolidation phase. This anticipated rise towards the resistance zone signals a pivotal moment for US30's short-term direction, providing opportunities for strategic entries and exits based on price action around this area.
GOLD (XAU)US inflation eased less than expected in September to 8%, and underlying prices excluding food and energy prices accelerated to a new four decade high
Core CPI gained at its highest annual pace in 40 years, rising 0.6% for the month and 6.6% for the year and Fed funds futures are now pricing in 75 bps in December, up from 50. Moreover, terminal rate expectations rose to 4.85% in March. As a consequence, the 10-year Treasury yield rallied to 4.080% while the 2-year yield was up to 4.535%. As measured by the DXY index, the US dollar dropped by 1% to almost 112.14 as risk sentiment returned to markets. At the time of writing, the DXY index is down by some 0.73% having fallen from a high of 113.92 to a low of 112.147 so far
Gold close to very important support level 1550-1500 and If it break down then we go back 1450-1400 support zone
1300-1200 is a good buy and long zone , my short position at 1940 is still open
Can bears break 1500 support zone?
XAU/USD: Gold Update, Testing Key Levels, Potential for RecoveryBy analyzing the #gold chart on the 4-hour timeframe, we can see that after hitting the third target of $2337 from our last analysis, gold faced heavy selling pressure and failed to reach the subsequent targets. Following this, gold experienced a significant drop, correcting down to $2304, and has since seen renewed demand after gathering liquidity below this level. Currently, gold is trading around $2315. We need to see if the price can stay above this critical level for the next 8 hours. If the price falls below $2309 again, it will likely enter the $2200 range. However, if gold can stabilize above $2320, we might see it rise again to $2329. This analysis will be updated accordingly.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Dow Jones Index (US30): Your Trading Plan For Today
Dow Jones Index is testing, a recently broken
key daily resistance.
With a high probability, the broken structure turned into support.
Our confirmation to buy will be a bullish breakout
of a neckline of an ascending triangle formation on 1H time frame.
Hourly candle close above 39185 will confirm the violation.
A bullish continuation will be expected at least to 39325.
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