Us30long
US30 remains bullish ( 39200.0 or 38800.0 longs?)This week, I'm bullish on US30. I'm waiting for a pullback followed by a re-accumulation within the demand zone. Once I receive confirmation on the lower time frame, specifically in the 21-hour or 18-hour demand zone, I'll consider taking long positions along the trend.
With the recent breach of all-time highs and significant bearish momentum, there's a possibility of price dipping further to capture liquidity and address imbalances before initiating a new upward rally.
Confluences for US30 Buys are as follows:
- Price broke structure to the upside once again.
- Lower and higher time frame remains extremely bullish.
- Two clean demand zones that have caused BOS to the upside.
- Imbalances left above that need to get filled before price comes in to zone
- After this imminent retracement we can expect a new rally.
P.S. If the price declines and breaches my Points of Interest (POIs), I won't be surprised. Since price has absorbed all liquidity to the upside, a decrease in bullish pressure is possible. With major news behind us, the trading week ahead appears promising!
Have a great trading week guys and lets catch those pips!
We might see new ATH in DJIA (US30) soon 41k levelsNow I changed my view on all global Indices, any dip looking forward to buy the dip. My stop losses is in place and tight stop losses for now until it breaks last month high. I think we are in major wave 5 and we are in 3(5) in minor cycle considering Elliot wave theory.
this is just my study and I might change my view depending on price action.
US30 Buys looking for a pull back and rejection with a 4h close or a 4h break and close above the blue zone above structure to look for buys
US30 Trade IdeaUS530: Riding the Ascending Channel to New Heights
The US30 index has been tracing an ascending channel on the 4-hour chart, a bullish pattern that suggests a continuation of the current uptrend. This pattern is characterized by two parallel upward-sloping trend lines that have been containing the price action.
Key Observations:
Bullish Sentiment: The ascending channel indicates a strong bullish sentiment as it is formed by a series of higher highs and higher lows.
Support and Resistance: The lower trend line serves as support, while the upper trend line acts as resistance.
Trading Strategy: Traders might consider buying at the lower trend line or on a breakout above the upper trend line.
Trade Execution:
Entry Point: A pullback towards the lower trend line could be a potential entry point, offering a favorable risk-reward ratio.
Stop Loss: A stop loss can be placed just below the lower trend line to protect against a potential breakdown.
Take Profit: The height of the channel can be used to project potential take profit levels, either from the point of entry or from the upper trend line if trading a breakout.
Risk Consideration:
Ensure to monitor for any signs of a breakdown below the lower trend line, which could invalidate the pattern.
Adjust positions according to the evolving market conditions and maintain a disciplined approach to risk management.
Trade ideas are speculative and should be considered within the context of your overall market analysis and trading strategy.
This trade idea is based on the ascending channel pattern, which is a common bullish signal in technical analysis. It’s important to combine this with other indicators and market analysis for a well-rounded trading decision. Happy trading!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
US30 STILL VERY BULLISH (buys from 38500.0 back up)US30 continues to appear bullish to me, and I anticipate a temporary retracement to eventually mitigate the daily demand zone I've identified. Within this zone, there's also an Asian low that I expect to be taken out through a spring from a Wyckoff accumulation.
Once this occurs, price would have reached the refined 10-hour demand zone, where I plan to enter buy positions, potentially leading to a new bullish rally and the creation of new highs. However, I'll be keeping an eye on NFP Friday to see its impact on the Dow Jones, which promises to be interesting!
Confluences for US30 sells are as follows:
- Price has formed a daily demand zone that could cause another bullish rally for us30.
- Trend line liquidity forming just before the demand which I see as a trap for early buyers.
- Liquidity to the upside still left and overall market trend is very bullish.
- Price has broken structure the upside on the higher time frame confirming trend.
P.S. Should price opt to breach the entire daily demand zone during NFP week to eliminate the liquidity beneath it, I anticipate a temporary bearish sentiment, given that it would have violated significant downside structure.
HAVE A GREAT TRADING WEEK AND BE CAUTIOUS OF NFP FRIDAY!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
Dow Jones / US30This Is My Anticipation On The Us30, Hopefully We See A Low Of The Week Formed On The Daily Mitigation Block And We Get A Change In State Of Delivery Bullishly On The H1 To Confirm The Bias I Hold Already.
DOWJONES - Buy Zone!Hi there!
I'm a buyer on the DOW JONES:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We're in an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We're in the trend.
Let's not forget that we also have good profit results from companies, and we have Nvidia's report coming up, which looks very promising!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
US30 Long Like with all the other indices the obvious trend is bullish and am waiting for the pull back and rejection from a key levels with 4h close and a bullish 30min candle to sign of continuation
US30/USD Longs from 38600.0My bias remains strongly bullish for US30 this week. We've witnessed another significant break in structure to the upside, accompanied by robust bullish momentum, reinforcing the prevailing trend. I anticipate a retracement back to a demand level to sustain this upward movement.
Upon reaching the daily demand zone, I'm eyeing a refined 10-hour demand zone for a potential bullish reaction. Additionally, I'll be on the lookout for a Wyckoff accumulation pattern within this area
My confluences for US30 Buys are as follows:
- Price broke structure to the upside once again leaving a clean daily demand.
- Overall trend and the current trend remain to be very bullish.
- Candlestick anatomy also shows that bulls remain stronger than bears.
- Can expect a pullback to mitigate the levels of demand.
- Wick left to the upside that needs to get filled and price has been moving impulsively.
P.S. We observed a minor sell-off two weeks ago, followed by a resurgence that breached the previous high. Currently, I'm not actively seeking selling opportunities. However, I wouldn't be surprised if price establishes a supply zone, offering a chance to sell back towards the marked demand zone.
US30 Long Expecting a bullish then bearish to tap the orderblock @2900 then we set for a long term buy position.
US30 Long Analysis ✿9:34 am NY session entry 38520.5
Nice 15min Bullish candle close
price break and retest of POi at 8:15pm (7.86 fib
TP (38792.4
US30 BuysLooking for pull back and rejection with a 4h close for longs back up to the top of structure
US30 4H : Upward US30
New forecast
Yesterday, the index price achieved new historical gains by touching the level of 38124, then it was forced to form a temporary sideways fluctuation by settling near 38000. However, this will not affect the main upward path due to the repeated stability above the stable support at 37814.
The price may currently continue offering sideways trades until it gathers additional positive momentum to enable it to renew upward attempts, which may soon target the 38460 level, reaching the historical resistance extending towards 38850.
The expect range trading for today it will be between the resistance line 38460 and support line 37814 until stabilized .
support line : 37814 , 37645
resistance line : 38124 , 38460
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like❤️
US30 Longs from 38380.0 back upMy bullish bias for US30 remains intact this week. Last week's analysis (Scenario A) unfolded precisely as anticipated. With another upward break in structure, I continue to anticipate US30 to sustain its bullish trajectory. Currently, having cleared liquidity at the recent high, a pullback to another demand area is foreseeable.
My focus shifts to the 12-hour demand zone near 38380.0, where an engulfing candle triggered the latest break in structure. This zone, lining up with the 0.78 Fibonacci range, offers a chance for a Wyckoff accumulation to formulate so we can ultimately buy back up.
Confluences for US30 buys are as follows.
- Price broke structure to the upside once again leaving a clean 12hr demand.
- POI also sits within the 0.78 fib range as well.
- Trendline liquidity is left on top of the zone, so once it gets swept we can then hopefully see a nice reaction off our zone.
- Overall trend and the current trend still remain to be very bullish.
- Candlestick anatomy also shows that bulls remain stronger than bears.
- Liquidity left at the new high in the form of a wick.
P.S. While buys are currently preferable, we mustn't solely fixate on one bias. It's essential to remain open to alternatives that could unfold. For instance, if bullish pressure weakens, price might sharply decline, signalling a shift in momentum to the downside.
I hope you guys found this post insightful, have a great trading week everyone!
Strong Bullish Momentum in US30
"📈 US30 Bulls Bucking Strong: Analyzing the Dow Jones, it's evident that we're currently witnessing consistent higher highs and higher lows, indicative of an uptrend market. Observing the week-to-week movements, prices show a rise of approximately 2% from low to high and a decline of around 1% from high to low. Given this, my market approach involves patiently waiting for a potential 1% price pullback. Subsequently, I would seek opportunities to go long, placing my stops below the previous low to target a gain of around 2%. Your support for my channel through likes, comments, shares, reposts, and cheers is sincerely valued. Thank you. 🙌🚀"
US30 Longs from 38200.0 or 37600.0 back upMy bias for US30 this week remains bullish, especially after it broke structure to the upside following the NFP release. This breakout formed a new demand zone, providing potential buying opportunities. Alternatively, if price doesn't respect this zone, it may decline further to breach the trendline near Point (A) POI and then reach the 3hr demand zone beneath it.
Currently, I anticipate a correction and pullback to facilitate the formation of a Wyckoff accumulation pattern within these zones. Once price shows signs of slowing down and demonstrates a clear change of character to the upside on lower time frames, I will start considering buy positions.
Confluences fro US30 buys are as follows:
- Price broke structure to the upside once again to the upside leaving a new 6hr demand zone.
- Liquidity left in the form of a wick above and price looks like it will undergo a retracement.
- Overall market structure on the lower and higher time frame still remains bullish as well.
- Sentiment analysis also shows US30 to be VERY bullish.
- Candlestick anatomy still shows how strong the bulls are in this market.
P.S. It's intriguing to observe the strong bullish momentum in US30. However, I remain cautious not to solely concentrate on buying opportunities, as I acknowledge the possibility of the bullish pressure waning and US30 transitioning into a possible bearish trend. REMEMBER TO ALWAYS BE ADAPTIVE!
Have a great trading week guys and lets catch these pips!
