US WALL ST 30
US30 Alert: Key Sell Opportunity and Potential Bullish Surge!Greetings Traders!
Brief Description🖊️:
Today, I am focusing on trading the US30, with an interest in taking a selling opportunity to reach the H4 bullish order block.
Things I Have Seen👀:
Liquidity Engineering🔄: Currently, price is engineering liquidity right above the H4 bullish order block using a retail pattern (support zone).
Confirmation Buy Zone🟢: Once the price reaches the H4 bullish order block, I will look to buy against the sell stops (stop losses) upon confirmation.
Bullish Targets📈:
-1st Objective (H1 Buy Stops): Anticipating price having to reach into the H1 buy stops, which is high probable.
-2nd Objective (Daily FVG): Anticipating a minor bullish run to reach and potentially fill the DAILY timeframe Fair Value Gap (FVG).
What's Important Now❗
Time is crucial. I only trade indices during the New York session morning and afternoon due to the favorable volatility. Stay observant for real-time developments.
Stay tuned for a video analysis on the US30.
Best Regards,
The_Architect
US30USD LongThis index has formed a doji candle, which might be an indicator of an indecision in the market. I anticipate that the market might retest the resistance at 40,000 based on the fact that sentiment is bearish on this trade.
Entry point at 38150, TP at 40050 ,and SL at 37200 as my R : R is 1: 2.
Kindly remember to risk 1 - 3 % of your account.
SIGNAL: Go LONG on US30 - 15 May 2024Like, comment and share with your peers!
I would be looking for bullish moves on US30 today provided price remains above 39500.
1 hour price bar(candlestick) has closed above a range that started mid NY session yesterday. The range formed shortly after a 211 pips pump.
Find my confluences below;
✅Price at psychological level?
✅Has there been a recent intraday range?
✅Do you see 30 mins or 1 hr price bar closure outside recent range?
✅Will position be in the direction of 4hr and Daily trend ?
✅Has nearby wicks to the lefthand side been identified and marked as potential problem area/TPx?
With these ticked, i choose my entry and SL accordingly with the intention of giving my trade a second chance if my SL is hit
Position Parameters
Entry 39588 - 39609
Textbook SL - 39543.38 (means flexible - put SL as occasion serves you and give the trade a second chance if SL is hit)
Tp - 39801.65 (see partial TP levels on the screen)
Drop a comment to let me know if you have picked up a thing or two form my analysis
Warning:
1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose.
2. Previous performance is not a guarantee that my signals will profit you. Accept and implement this idea at your own risk.
You are advised to apply proper risk management while trading derivatives...!!!
BR,
Kings
Learn how to trade. See my signature below or visit my profile for more details
US30 Dow Jones Technical Analysis and Trade IdeaThe US30 Dow Jones index has exhibited a robust bullish trend recently. However, we now observe that the index is approaching a significant resistance level on both the weekly and daily charts.
Moreover, the market appears to be overextended. When a market becomes overextended, there’s a possibility of a reversal. Traders closely monitor signs of exhaustion or weakness.
Given these factors, we are considering a short opportunity. It’s essential to manage risk diligently, as trading always carries inherent risks. Remember that this information is for educational purposes only and should not be construed as financial advice. 📈👍
US30 Dow JonesPair : US30 Dow Jones
Description :
Double Top in Short Time Frame
Completed " 12345 " Impulsive Waves
Fibonacci Level - 261.2%
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
US30 Daily Analysis - 16 April 2024CHECK OUT MY BIO....
Knowledge Required to nail OANDA:US30USD
1, Good understanding of price Trend/directions
2, Absolute respect for Supports and Resistances
3, Knowledge of candle stick patterns
4, Discipline to use partial TP, SL
5, Discipline to wait for confirmations and only act when required
See the video for more.
US30 USD meltdown (Shorts from 38400.0)My bias for US30 has turned bearish due to the recent Wyckoff distribution that unfolded on the higher time frame, validated by a change of character and a break of structure. This confirmation prompts me to seek selling opportunities to support the downward trend.
I will be targeting sells around the 20-hour supply zone, which recently triggered a Break of Structure (BOS) to the downside. Once we experience a pullback, I will seek a redistribution pattern on lower time frames to initiate sells in line with the prevailing trend.
Confluences for US30 sells are as follows:
- Price played a Wyckoff distribution on the higher time frame and had a CHOCH.
- Continuous breaks of structure have occurred to the downside with strong momentum
- Few clean supply zones have been left including the recent 20hr supply.
- ATH's has been taken, and enough liq has been grabbed to start pushing price down.
- still lots of liquidity and imbalances below that needs to be mitigated.
P.S. Alternatively, I will wait for the daily demand. If price continues to decline, I can capitalize on a retracement back up to the supply zone, making buys a potential option this week. Wishing you all a successful trading week!