Us30analysis
US30USD Market DecisionThis index has being forming a rising flag for the past few weeks, and it has retested the upper trend line of the flag. Considering that this might be a strong indicator for a bearish momentum, we have to wait for the next candle stick to confirm our position since there is a doji candle stick, which indicates market indecision.
My bias is the bullish momentum will continue if the next candle stick closes above the current one. A more detailed analysis will follow using a shorter time frame.
US30 I Potential short scalp from top of the channel Welcome back! Let me know your thoughts in the comments!
** US30 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Dow Jones Index (US30): What to Expect from FOMC?
Dow Jones Index is very weak ahead of FOMC today.
The market is stuck within a horizontal range on a 4h time frame.
Depending on the reaction of the price to its boundaries,
I see 2 potential scenarios.
Bullish Scenario
If the price breaks and closes above 41820 - the resistance of the range,
we can expect a bullish continuation at least to 42000 level.
Bearish Scenario
A bearish breakout and a candle close below 41440
will push the price lower at least to 41200 level.
Wait for FOMC and then follow the market after a breakout.
❤️Please, support my work with like, thank you!❤️
US30 / UNDER FOMC PRESSURE - 4HUS30 / 4H TIME FRAME
HELLO TRADERS
In August, the prices saw a price decline of 6.91%, reflecting a period of downturn. However, in September, there was a notable recovery, with prices rising to an all-time high (ATH) of 41,852. This peak represents the highest level achieved thus far in the prices history. Currently, prices are trading below this ATH, which suggests that the market is still testing its limits.
If the current price trajectory remains below the ATH of 41,852, further declines could be anticipated. Support levels to watch for potential price corrections are at 41,340 and 40,853. These levels might serve as points where the price could stabilize or experience a rebound.
On the other hand, if the prices manages to close above the ATH on a 4-hour candle, it could indicate a shift towards a bullish trend. This would suggest that the market sentiment has turned positive and could lead to further gains. In this scenario, the price might approach new resistance levels, with potential targets at 42,282 and 42,703. These levels represent possible areas where the price might encounter selling pressure or where further gains could be capped.
Overall, the price dynamics are influenced by how it performs relative to the ATH, with potential implications for both downward corrections and upward advances depending on market behavior.
UPWARD TARGET : 42,282 , 42,703.
DOWNWARD TARGET : 41,852 , 40,853.
US30, WAITING FOR PULL BACK THEN SHORTTeam, this morning, I predicted the US30 is likely to move according to the chart.
9 hours later, it finally arrived at the dot.
We will enter the short at 41646 once the price confirm.
Take 50% profit at 41590, bring stop loss to BE level.
then target further toward 41482
and 41361.
US30 longHere is why:
- August's monthly closure was very bullish as the candlestick has left a long wick. This shows that price had collected orders from the previous weekly liquidity regions before heading upwards.
- As of right now, price has broken into all time highs, which indicates that price is going higher. The weekly targets would be 42,450.
- Price is very bullish but I will have to wait for it to form a buy setup on lower timeframes before I enter into the trade.
US30 swing trade idea US30 has reached our level of interest between 41150- 41250 where we look for swing sell setups. Currently waiting for the last impulse upward to get confirmations from the weekly fib and VWAP levels. This is similar to NAS trade, which we sent our earlier. For TP levels, we are currently targeting 40550(750 points) but keeping in mind that this trade has a lot of potential going lower in the last quarter of 2024. Should we break our level of interest, it is likely that we are making a new All Time High. As always, trade safely as you possibly can and always wait for confirmations, before entering a trade. Good luck!
Expect the unexpected.
Fractals Trading Community,
Mei
US30 / DJ30 / DJI Market Money Heist Plan on Bearish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist US30 / DJ30 / DJI Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 2H timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
US30 shortsHere is why:
- I believe that US30 is due for a very strong uptrend in the near future. However, orders are not enough to take the pair to all time highs.
- Hence, we saw the rush of downward momentum.
- There is a bearish setup on the 4 hour timeframe and the targets are 40,583
- I am currently looking to sell the pair, but I have to wait for more confluence.
- The best possible scenario, is if price tests 40,950 before I look to sell the pair to 40,580
- Another scenario I would sell the pair is if it forms a setup at 40,790 during the new york session.
- For now, I sit on my hands as I wait for the pair to give me more confluence to sell.
US30 Buy ZoneStep one
* Market creates a sell structure @ 41169
Step two
* Market breaks through support @ 40953
Step Three
* Market breaks towards low of 40750 and quickly recovers in price action. Rally?
Step 4
*Economic data sends the Dow jones back to the resistance zones in step 1 & 2. Recovers to rally to an all time high of 41,500 or 42,000 and quickly sells.