Potential Shark Forming 🦈🦈US30 - Nice looking shark forming that lands in a very nice PRZ. We've had multiple BOS price is currently pulling back from small LQ zone, once price breaks current level It should drop nicely towards the D point.
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Downjones
DJI - A range of possibilitiesThe DOW Jones at an interesting spot. Making on call here might depend on how the market responds to a variety of news catalysts. I have noted some upper and lower targets if we continue to range, so some trades can be had. I also have a green buy zone for longs and red zone for shorts, albeit a fake out could easily wreck either, so keep an open mind. We are at a very critical spot here and I will remain neutral. Not financial advice.
Can Dow Jones bears hold another lower high!?Hey Traders!
We hope you all have had a fab weekend, before we begin this post we want to bring you attention to the related posts that can be found below, each of these posts is directed at video education on specific trading topics with each of them being useful to new or experience traders!
Moving back to the post about DJ30 / US30:
We are clearly in some special times right now because after over a year we finally have some fundamental action that might support a potential bearish trend in the world indices but not only do we have fundamentals, we also have technicals which suggest we have one of the BEST opportunities for shorts in a long time. I'll detail what this 1D chart of the Dow Jones tells us.
1) We have a wedge breakout, a contraction of price which is pushing towards the upside, at its top we have a lower high which was followed by a decent breakout.
2) Our fibs entry process suggests we could prepare ourselves for possible short entries on Monday, Tuesday or maybe even Wednesday, but that should be the threshold for downside
3) a major resistance (marked as "current main resistance") is right between the 30% and 21% of the current swing high to low
As traders, and a community, we are more on the "proactive" trading side, where we wait for the right information and react to it accordingly, hence we will wait and zoom in on the hourly and minute charts before we execute our potential shorts which will most likely become compounded swing trades, but until that happens we will be taking buy positions which will be in the form of day trades, but again that highly depends on what we see when the markets open on Monday!
What do you guys think will happen with DJ30?
Down Jones Industrial Average is 50% @ a trough or Down for one!Since Covid's Low 28 signals !!!
Volume Weighted Average Price (VWAP) is a technical analysis tool used to measure the average price weighted by volume. VWAP is typically used with intraday charts as a way to determine the general direction of intraday prices. VWAP is similar to a moving average in that when price is above VWAP, prices are rising and when price is below VWAP, prices are falling. VWAP is primarily used by technical analysts to identify market trends.
US 30 LONG AS I POST PEREVIOUSLY ON TRADING VIEW ( GO CHECK IT 13 MAR ) , THAT THE BEST ENTRY IS TO WAIT ANY KIND OF RETESTING AROUND 32077 THEN GO LONG ANOTHER TIME , HERE'S THE PRICE START HIS BULLISH UPTREND AGAIN ! HAPPY ERANINGS !
us 30 Short ???Chart pattern of a head and shoulders. Previous Support turned into resistance. Divergence on my indicator which also confirms my bias on the short signal
US30 day trade longWe recently went short Silver (XAGUSD)... we dont see a GME on it... Infact we think the hedge funds might just pull a sneaky on everyone!
Anyway our shorts are locked. Moving on to US30 long.
We see lots of potential for a day trade profit on this one. We have a bullish continuation pattern indicating that we could see a strong push up.
BUT! When price comes to our 38.2% on the 4H chart (left) we are planning to go short... not 100% yet we will decide when price comes there and see whats up..
DOW JONES - Tracking Minor Waves - Wave D Almost CompletePlease check out previous related ideas below.
In this video I go through the waves and what we are seeing unfold in this market.
There are only a few minor waves left before the completion of the entire move up since 2009.
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WTI & Dow Jones Shorts (pending orders for day trades)We're looking to get into short positions on WTI and US30 (down jones), our system indicates that we could see price action move lower once the levels listed (fibonacci retracement) are reached.
Trades can fail, and many times they do, so trade at your own risk, but if we could give you a tip it would be this:
Start using structured position sizing, the way we do it is expose our account at a rate of 10% per trade idea, here is what this means > if our balance is 1,000, 10% of that would be 0.10 lots, get it? Dont risk 10%, open 10% of the balance/equity and this way you can manage your risks!
Good luck!
DOW To Retest 27,460 +/- Before Continuing To DownThe DJI is looking like we have a gap to fill up above us, and futures are indicating it will happen soon. I am predicting a continuation to the downside after reaching the 27,460 area. I believe this could play out over the next few days. This is not financial advice.
US30 | GANN FAN | Possible SELL On the US30 chart, a GANN-FAN has formed over the months, which now reaches the important 1/1 point. This usually means that there is a change in the direction of the price.
In addition, the price of Down Jones is higher than ever before in history, even though the economic damage from Corona was extremely high. In fact, the FED is recommending the implementation of economic stimulus packages to avoid a recession.
As the 1/1 point pulls out by the end of November, not only the technical analysis should be kept in mind, but also the US elections. These will make a significant contribution to the price or future price of the US stock market. Therefore, this analysis serves to give a small insight into the current price development and the technical situation on the chart.