$US30 will previous support become the new resistance?*This is not financial advice, so trade at your own risks*
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Us30-short
US30 its getting close!!I'm watching us30 for a while now and it's finally moving in the direction I like to see. I marked all the details on the chart so you can understand why I think this and where you can maybe take a short
but keep in mind to wait for a confirmation in the POI and only then take a short.
I'm not a financial advisor but if you have any questions ask them in the comments.
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US30 Droping on IchimokuUS30 is in a bearish trend and has started a downside move on Ichimoku indicator
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US30 incoming dump/pullback?!us30 jumped up a lot and it finally showed its weakness and that's the supply zone I marked it even made a liquidity grab for the sellers that got in too fast I'm not waiting for a change of character "CHoCH"
and then I will sell on the fresh supply zone but I already toke a risky sell on the top just to be sure with a tight stoploss
no financial advice
US30 Short!Hello Traders,
Here we have a US30 short trade idea. If you like this idea please show your support!
This trade idea is based off the fact of the US30 reaching a weekly high and the price is approaching the top of a parallel trend line. This has given us the idea of a short at this location as we have seen much respect on this trendline.
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas!
Wondering why CAD and OIL have such a similar reactions? Check out my post on correlation below
US30 time for shortUS30 has been steadily climbing up, but seems to have reached a reversal zone. We have bearish divergence on RSI, too. It's time to look for short opportunities.
Shark Almost Complete Shark is looking nice to short, multiple BOS on LTF, i'm waiting for a retest of the weekly high before shorting!
DowJones/US30 ShortTrendline identified from weekly TF. S&D zones identified from 4H TF. Looks like an 'M' pattern has formed on the 4H so i'll be looking to sell in time for NFP tomorrow. May keep one position open through it.
US30 shortThe price shows a good growth, it has a strong support line and I expect its continuation. The first target is the nearest strong resistance line, and then it goes down from it.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
⚠️US30 fall from resistanceMy last prediction came true.
After the breakdown of support at 34038, the price continued to grow.
I worked out a small correction and returned to growth.
I expect the price to be:
1 - touches resistance 34764.
2 - will turn around and fall to support.
Target - 34229.
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US30 correction to channel and FALLThe price has been moving in an upward channel since March 2019. At the beginning of April 2021, it broke through the support line - the border of the 33530 channel. After that, it continued to grow and stopped at the resistance line 34329. This line of August 2020 regularly reverses the price. Now the price is again at the resistance 34854 and I expect a fall to the support line 33987. This will be our target.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
⚠️US30 start falling in channelAfter the breakdown of support 32348 at the end of March, the price rose to resistance at 33571.
And during the last month it has been moving along the line.
I am expecting a fall for the following reasons:
- strong resistance - line of the channel formed in September 2020
- no serious breakdowns (one - false - occurred in mid-April).
- The fact that the price has been moving along the line for a long time, but has not been able to break through it.
Target - 33606
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US30 FALL and back into channelDuring the uptrend, which began in June 2020, the price rallied, broke through the support line 29521. And thus returned to the main upward channel, which has existed on the chart since March 2019. The price returned to the channel in November 2020, and in March 2021 it came to its upper border - the resistance line of 33525.
The yen was strong enough to make a breakout, but I am convinced that this breakout will turn out to be false. I expect the price to fall, break the line again at 33817 and come to the June 2020 support line - 33170. This will be our target.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
US30 FALL after false breakoutIn November 2020, the price broke through the 29549 support line and thus returned to the main uptrend that had formed back in March 2019. During the growth in the trend, the price relied on the support lines formed in June 2020. However, at the end of March 2021, it broke through support 32252, after which it rose to the border of the channel.
Having touched the resistance line 33624, the price was able to break it, however, I expect this breakdown to be false, since the price has already returned to the resistance line. I expect it to fall, return to the channel and continue falling towards the 33059 support line. This will be our target.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
⚠️US30 falling in a growing channelSince September 2020, the price has been in an upward trend.
During this time, there was only one more or less serious breakdown of this trend (in October).
For the rest, the price follows the lines.
In the middle of the trend, two additional support lines have also formed.
I expect the price to fall from the trend line and resistance 33851.
It will hit support 33399, fix on it and continue to hit.
The target is 32,900.
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⚠️ US30 second touch of resistance and dropSince September 2020, the price has been moving in an uptrend.
In November, this turn also formed an additional support line from point 28891.
The price broke this line only twice in February and March 2021.
In March, the price broke through the line 31783 during the growth.
Then it rose to the resistance 33164.
Since March, the price has touched this resistance twice more.
After the last touch at point 33698, I expect a fall to support.
Target - 33268.
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⚠️ US30 fall in channelMy previous forecast is still valid.
Despite the fact that the price continues to move along the resistance, I expect a fall.
The price has been rising in an uptrend since September 2020.
Each touch of the resistance line ended in a collapse.
I expect the price to fall from support at 33524 to resistance this time too.
The target is 32701.
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