US30 IntraWeek. Long. R:R - 4:1After todays CPI announcement of YoY at 6.2% and MoM at 0.9% we saw the markets begin to selloff, including the US30. This however in my opinion will be short lived, with markets already starting to recover as there is simply so much money floating around the markets at this point in time. Jerome Powell is still the favourite to get reelected as the next FED chair for a variety of reasons such as: Biden can still point the blame to Trump as Trump installed Powell in the case anything goes wrong, Biden also cannot take full responsibility as he hasn't changed the appointee. Brainard who is also another favourite is also a centrist like Powell so we can expect the FED not to increase rates. This is well and jolly for the markets which were in shock today as the higher inflation - being blamed on consumers - however is mostly due to cost push effects is being passed onto consumers in the form of higher prices. Since the CPI number was 0.9%, expected was 0.6%, this caused a small selloff in the markets since higher inflation could signal tapering. However due to how much money is sloshing around out there we can expect this to not be the case and this to fizzle out as more buyers continue to buy the dip pushing the US30 to an even higher high. The doubt is simply what caused the selloff today so prepare to keep buying the US30 and adding longs when it dips as we are still in a bullish market.
Us30idea
US30 UptrendUS30 is in a strong uptrend right now but rejected at 36600. No break of trend yet nor incomplete order-block that needs to be filled so uptrend still strong and valid. We can expect it to rally back up to 36600 and catch a few points but chances of a strong rejection possible again so I don’t suggest a hodl through the 36600 area, a reversal/counter-trend trade could be valid at the 36600 area again if there are enough confirmations and you know how to execute the style. Good luck
US30 30 min breaks November 8Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R ****
US30 - Where we can see Buy Pressure 😋 / Smart Money TradingTechnical Overview: - Dow Jones
We like to see price react to our buy zones providing intraday/scalps as they are not meant to be strong as the lower zone marked :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
US30 30 min breaks October 26Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R *****
US30 ShortMy view of Dow Jones (US30) . Potential short opportunity.
Since the start of October we have entered this uptrend channel in which the price was moving in. We had 2 “fake outs” meaning the candle broke out of the channel but was overruled by the next one entering back into the uptrend channel. Smaller timeframes also show a smaller uptrend channel which I marked with the regression trend. My idea/vision/prediction is that the price could come up to 35675 during Asian session where at that point, depending on the price momentum, we could enter in a short. Entry at 35675 with a tight Stop Loss at 35715 . Take Profit is at our PBA (Pullback Area) which is at 35080 . The sell would be confirmed after we break out of the regression trend which would also break the very strong Resistance from 23rd of Aug to 7th of Sep . After breaking that level we would be due for a pullback down to the bottom of this uptrend channel .
PARAMETERS
- Entry: 35675
- SL: 35715
- TP: 35080
KEY NOTES
- Start of October , we have entered this uptrend channel .
- Smaller uptrend channel on smaller timeframes.
- The sell would be confirmed after we break out of the regression trend which would also break the very strong Resistance from 23rd of Aug to 7th of Sep.
Happy trading!
US30 30 min breaks October 22Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R *****
Amazing prediction/Do not miss this buy opportunity on US30In my previous analysis I mentioned that US30 will make new record high.
🔍 Technical expectations:
🔹Bulls will push price higher and stand their ground at 35700, protecting that level seeing that it is already violating the previous high at 35650.
🔹Bulls will target 36000 as from this point.
Do not miss this money making opportunity. Take your time to explore some of my past analyses by following the links below.
🤗What do you think of US30, will the rally up continue or bears will push price down? Please comment below🤔
Please support this idea with a like👍
Many wishes!
US30 30 min breaks October 21Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R *****
US30 two scenarios/long or short?US30 have to push above 35700 for the bullish rally to continue.
🔍 Two technical scenarios expectations:
🔹A successful violation of 35700 will send price higher and US30 will set a new record high.
🔹On the other hand, bears pushing price below 35450.00 will send price down to 35000.
🤗What do you think? Please comment below🤔
Please support this idea with a like 👍
Many wishes!
US30 30 min breaks October 20Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R *****
US30There is a divergence between RSI and price in H4. also we can see that there is a sharp up trend and now market is getting stay near strong resistence. so we may expect a long term down trrend.
US30 Midweek short R:R - 3:1 Details of the trade are shown in the photo, nice risk reward of 3 to 1 purely based on some technicals. I believe some stocks have rallied and are now at overbought prices to the extent some profit taking may occur at the next level marked since the moving averages are nicely diverged. This will cause profit taking to occur and a small likely correction for more traders to buy the dip. I would assign a high likelihood to the probability of this trade
US30 will set a new record high if bulls defend 35000Same as its partners, Nas100 and S&P500, US30 is headed up.
🔍 My expectations:
🔹Bulls defending the violated recent highs, will trigger momentum to the upside.
🔹Bears will stand their ground at the previous higher high around 35514 and 35600 but I expect their strength to be diminished in a short period of time.
🔹A violation of the previous higher high will trigger more buying pressure which will send price high as to 36000 setting a new record high of all time for US30😁
🤗What do you think? Please comment below🤔
Please support this idea with a like 👍
Many wishes!
US30 30 min breaks October 15Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R *****
US30 30 min breaks October 14Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R *****
Ideas with video are on the way.
US30 30 min breaks October 13Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R *****
Ideas with video are on the way.
US30 30 min breaks October 12Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R *****
Ideas with video are on the way.
Potential Deep CrabUS30 - Potential Deep Crab, following on from my other shark analysis (Which was correct) Check the history, i've found this crab forming, If price retests and rejects the Asia high on the OB I will look to short this down to the previous weekly low (Blue dotted line) Then gaugue PA once it reaches this target, I would be looking for rejections before potential BOS to the downside.
Us30Here us30 is creating beautiful flag pattern if it breaks then I recommend you to take that entry
Easy pipes 💲💲💲
US30 30 min breaks October 10Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R *****
Ideas with video are on the way.
US30 30 min breaks October 6Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat.
*** I update my charts every night and in the morning to confirm the S And R *****
