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US WALL ST 30

US30 30 min breaks June 24Follow 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 *** -The strategy is for the 30 minute chart. -Edwin usually sends over the charts already marked up. -The Support and resistance lines are based off of the 1D, 4H, and 1H charts. -This is a market structure strategy so you'll want to make your trade decisions based on how the market is trending and using the S/R lines provided. Comment Below if you have any questions or input about the strategy. OANDA:US30USD
OANDA:US30USD
by edwingonzalez13
US30| Bears exhausted to push price lower. Expect reversal!Hello traders, Let's examine the technical aspect of US30. In the beginning of June, we saw US30 dropping hard and eventually broke below the May 2022 low. Instead of bears keeping the momentum to the downside, the market corrected for about two weeks. Looking at the correction there are some details I spotted that may signal bears exhaustion. The market printed a lower low, another lower low and after that bears couldn't be able to push price lower, instead the market created a lower high which of course tells that bears lack sufficient strength to keep up with the momentum. This correction is a typical inverse head and shoulders pattern. I expect the market to rally to the upside with goal of 33000. Please support this idea with likes. If you have any suggestion or question feel free to share this in the comment section below.
ULong
by Forexintelligence_NA
US30 30 min breaks June 22 Follow 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 *** -The strategy is for the 30 minute chart. -Edwin usually sends over the charts already marked up. -The Support and resistance lines are based off of the 1D, 4H, and 1H charts. -This is a market structure strategy so you'll want to make your trade decisions based on how the market is trending and using the S/R lines provided. Comment Below if you have any questions or input about the strategy. OANDA:US30USD
OANDA:US30USD
by edwingonzalez13
US30 THE DOW 30 CRASH, ONE YEAR LATER UPDATE Last year May we saw a potential crash for the Dow Jones 30 due to inflation fears and now what we predicted is finally happening. In our analysis a year ago Dow 30 was trading at 34,644 after reaching highs of 35100 we saw a potential sell signal on the 1W chart which was the formation of a bearish harmonic. this halted our longs and swings on the Dow. So what is Fueling the Dows Crash at the moment? Same thing which was fueling it about a year ago, inflation fears in the US. US investors have lost their trust in the Fed's ability to control inflation even with the current 75 basis points interest hike we saw this week during the FOMC on Wednesday to try and curb inflation, investors believe that the Feds tools have failed. Recent data has shown that inflation is now at its highest in the last 40 years in the US and analysts have predicted a decline in US GDP in the next coming years meaning the US could be facing a recession or is already in one. WHAT TO EXPECT Currently @ 29,900 Next support for Dow 30 is 29,500 so we expect it to reach this support level before short term retracement back to +30,000 Looking at the Covid Crash we expect Dow 30 to fall at least 10,000 points from its highs which were at 36,400 meaning We expect Dow 30 to reach 26,000 before any reversals, Our initial target from a year ago was 23,500 and we still think this might be a possibility. Our positions Active sell positions @ 31,600 & 31,300 from our last analysis link is attached below New positions Sell Limit @ 31,000 TP @ 30,000 Sell Stop @ 29,000 TP @ 28,000 Sell Stop @ 28,000 TP @ 27,000 Buy Stop @ 30,100 TP @ 30,600 Buy limit @ 29,500 TP @ 30,000 Buy limit @ 26,800 TP @ 28,000 Buy limit @ 23,700 TP @ 33,000 Note these are low risk entries link to previous analysis attached below Note: this is just an analysis based on technical analysis & current events. All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
PEPPERSTONE:US30Short
by fxspott
US30USD YM1! DOW 2022 JUNE 20 Week US30USD YM1! DOW 2022 JUNE 20 Week Last week shorts reigned. The week ended with demand coming in to support the market. We may see long opportunity near 29639 temporarily. Else, wait for price reaction to 29639. Possible scenarios considered are: 1) 29639 support fail for short continuation 2) Channel and 29639 support: Return of demand for temporary long opportunity 3) If market retrace on low volume to higher levels and is rejected = short Price reaction levels Short on Test and Reject | Long on Test and Accept 32563 31299 30999 30157 29639 26212 Weekly: High vol wide spread down bar close off low = demand has come in. Daily: High vol down bar, narrower spread and closing off low = strength - demand has come in H4: Last 2 bars combined = UHV down bar closing in middle = Demand present Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! DOW 2022 JUNE 13 Week US30USD YM1! DOW 2022 JUNE 13 Week Last week we see a Scenario1 Rotation followed by Scenario3. Market descended on strong volume, very nice short. Possible scenarios considered are: 1) Market continue to be in rotation between 33205-32500 = Wait 2)32728 becomes support 3) 32728 becomes rejected and market return to test 30584-30926 Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34807 34027 33531 33205 32563 31411 30926 30584 Weekly: Ave vol down bar close at low = Supply remains Daily: Ave vol down bar closing toward low = Supply remains H4: Ave vol down bar closing off low = some demand present Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677