US30 4H (upward above 33630)Dow Jones, in the previous idea we said the price of the dow jones will try to get 33250 we can get the target and record 33480, then again will try to grow to upward, because here (33200) we have strong support from 2007. so be careful under it.
--------------
upward
entry: 33630
tp. 34200
tp2. 34660
tp3. 35100
SL. under the support line
------------------
my previous idea about US30 :
Jones
US30 4H (downward, try to get 33300)dow jones makes it down the candle, so take care because if the price stable under slope line will get 33830 then 33300 and after that will make some growing for upward
Us30 (34100 will make breaking for one direction )34100 will make breaking for one direction
—————
the tendency for up: above 34100 will be upward
for down: under 34000 will get downward
Dow Jones US Stock Market (Stonks. Really?)View On Dow Jones US Stock Market (21 APR 2021)
Dow Jones took a decent pullback as there are no more "good" news to support the future rise of it.
I am expecting it is rather a "healthy" pullback and you can follow it on the short side (counter trend) Or wait at strong support region to get in at the cheaper prices.
33.6K will be an immediately Support level.
Seeing 33K and 32.5K shall be reachable.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Us30 4h (waiting for one side of flag )Stabilize above flag will be upward
Stabilize under flag will be downward till 33000
Dow Jones US30 IdeaTarget: 34000.00
From checking all the Dow Jones stocks they remain in trend for the upside and economic recovery is still on the rise, there are a few fundamental possibilities involving the DXY that are potential red flags which could possibly effect our longterm target of 35000.00. A break below the 1 year trendline we will see how it reacts to the 0.618 fibonacci level.
DJCFD:DJI
OANDA:US30USD
CURRENCYCOM:US30
CURRENCYCOM:US30
CAPITALCOM:US30
GLOBALPRIME:US30
8/10 BEARISH DIAMON PATTERNHey dear community,
this one is an educational one.
Introducing the Bearish Diamon Pattern.
So, basically, this pattern is a bearish pattern, which appears at top levels, as well as an inverted version of it at possible or temporary bottoms.
Therefore I used this Key takeaway from Investopedia, which helped me a lot and I wanted to share with you:
-Traders use price patterns such as pennants, flags, and double bottoms and tops to forecast profitable trading opportunities and explain market dynamics.
-One useful price pattern in the currency markets is the bearish diamond top formation.
-The diamond top signals impending shortfalls and retracements with accuracy and ease.
-A diamond top can be located by isolating a head-and-shoulders formation and applying trendlines to the peaks and troughs.
-Utilizing price oscillators with the price pattern can increase the accuracy of a trade by gauging price action momentum.
-Key levels are 30000
-Expect to trade within the extended range of the Diamond.
-RSI looks okayish, there's is plenty of room growth, as well for the downside.
This pattern will possibly reach the right end of the diamond pattern.
Let´s see if this works on the Dow Jones (US30).
Happy trading everybody!
US30 4H (triangle) direction case:
1: stabilize above 31400 will get (31600 and 31700)
2: stabilize under 31260 = DOWN (target RED line)
DJI future is working towards an ABC bounce.The US futures join the morning rally from Europe with the Dow Jones bouncing back from a larger correction (WXY).
We are looking at an ABC wave up that could turn into a 5 wave if momentum stays strong. I favour this because the larger degree trend is still bullish.
US30 Short IdeaShort idea to 31000, strong level of resistance and a engulfing candle creating fakeout, lets see what happens
US30USD IDEAHello traders, i haven`t posted in a long time, but here you have some analysis from me! :)
As we know US30USD is uptrending from November/October, and friday before market closed i catched 1000+ pips from my Divergence strategy, but now, i would like to see
US30USD re-test pink STRONG TREND LINE, and then take a good long term buy!
Check my profile for morew analysis on GER30 and EURCAD.
Good luck and happy holidays!
Careful - A pennant flag is nearly finishedUsually a pennant flag is a continuation pattern meaning here we should see more buyers. Alas, this one looks a bit weak to me.
If it fails I expect another zigzag pattern (Wave W=Y) just like we had from the previous high.
If it breaks out upwards then we can use wave X as the projection for the next rally.
Better to wait this one out and see where the pennant flag will be break.
US30 / Dow jones ideaHello traders! My last prediction on US30 worked perfectly,
right now i will selt alert on my charts at 27360 level,
and then probably will go for a buy position!
Good luck with your trades!