US30 SELLWhat Im currently seeing from the dow jones is a reaction for the flipzone/breaker block/choch whatever you see it as, I think this area is pulling in a lot of sellers even though our overall bias is bullishShortby ELCapitalFXPublished 226
DOWJONES Update #DowJones On the daily timeframe, it is moving within an ascending channel and has formed two peaks without being able to continue rising. On the 4-hour timeframe, it is forming a diamond reversal pattern, but we need confirmation or a signal for a downward move. It is not suitable for trading at the current time we are waiting for confirmation to buy or sell. by ALSEIF_GROUBPublished 1
US30 27.6.2024FVG and MMXM Draw on Liquidity is the price to reach the EQ and PDH First the price must sweep Sellside Liquidity/PDL Longby Thee-MonarchyPublished 112
US30USD (Under News Pressure)Technical Analysis: US30 The price fell below the support level of 39045 yesterday and reversed upwards and is now running between 39,245 and 29,045 to break sideways. Current Outlook: The price is likely to touch 39045 before potentially pushing up again. Both scenarios should be carefully considered: Bullish Scenario: Stability above 39230 suggests a move towards 39410. However, if the price reaches the support line at 39045, it must stabilize above this level to maintain a bullish trend. Bearish Scenario: A bearish trend would be confirmed if the price breaks below 39045, targeting 38790, and potentially dropping further from there. Key Levels: -Pivot Line: 39230 -Resistance Levels: 39400, 39575, 39780 -Support Levels: 39045, 38790, 38600 Today's Expected Range: The price is anticipated to fluctuate between the support at 38790 and the resistance at 39410. In summary, maintaining stability above the pivot line at 39230 is crucial for a bullish outlook, with targets at 39410. Conversely, a break below 39045 would signal a bearish trend with a downside target at 38790.by SroshMayiPublished 118
H4 USA30 BULLISH IDEAWaiting for the OB to be obeyed. Price could fall first to 0.75 Fib before breaking the OB or could just rise from here. W e buy at the Break Retest of OB. Targeting 40500 -42000.ULongby YahkinBankPublished 2
Bullish bounce off 50% Fibonacci support?Dow Jones (US30) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance. Pivot: 39,006.68 1st Support: 38,641.57 1st Resistance: 39,556.53 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.ULongby ICmarketsPublished 12
US 30 short - scalp tradeTaken a few short scalps on US 30 on the LTF. All based on the HTF ranges and annotated levels. Simply trading the range and targeting the sellside liquidity. Overall plan remains the same for the second part of the week. Will be interesting to see how we play from here. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick2707Published 1
US 30 - Ranges overview Here is quick look into what I am looking for on US 30. Yesterday's trade idea and sellside liquidity got taken out and we are now around the lows. The overall range remains the exact same as long as we do not break below the lows (refer to yesterday's posts) or above the current range highs. No need to over leverage thinking we will be going one way or another. BE PATIENT...PLAN and EXECUTE. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.by Patrick2707Published 0
Us30The fibonacci retractment entry confirmation.us30 is ready to sell from thus zone.Shortby CurrencyMomentumFXPublished 1
#US30 Best selling opportunityPrice seems to be completing the fifth wave of an ABC bullish corrective move, after which it is likely to move lower to complete its third wave in a higher degree. The conjunction of the two bullish channels is an optimal price level to sell. For those who are more risk-averse, they could wait for a bearish breakout of the short-term bullish channel. If you’ve found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.by mohematiUpdated 6
📈 Bearish Harmonics Pattern In The Making | DJI Peaked, Again!Hello my fellow traders and news people, I would like to show you this because it is a nice bit of information and can be quite revealing; it can help us connect many dots. The DJI is poised to produce a correction based on normal cyclic market action. Based on the classic fluctuations wee see of prices moving up and down, like the waves in the sea. Today we can see the DJI hitting a new All-Time High, this is true. An All-Time High only means the highest price ever but it doesn't really mean much more than that. For example, the DJI only grew a few points compared to March 2024 peak price, thus giving us a double top. For hype, for political reasons; everywhere the new ATH is advertised and promoted. But for us, this is a bearish development. This isn't either good or bad just as money isn't good or bad, it depends on the use you give it. Think of power; Power isn't good or evil, it depends how you use this power. You can use your power to build, to help others, to share; just as you can use it to destroy. Good or bad depends on us. The higher high hit today is part of what we call an irregular correction. While inflation is "slowing down," a rise of X% is still a rise. Inflation rises because the monetary supply expands. Inflation means the currency is devaluating. Since fiat money is always worth less, you can end up with a higher high (new ATH) rather than a lower high as the correction takes place. If the fiat money value was the same or stronger, we would see a lower high now rather than a new All-Time High, but this changes nothing for traders. For the reporters, knowing this can put you ahead of the game. While yes, it moved up, it is part of a correction which means that soon it will go lower... Knowing this before hand you can also let your people know. Here is the chart: I see it moving lower based on the chart structure, market sentiment and chart signals but things can always change. How you use this information is up to you... Know that... ... ... I love you! Just make sure to be happy, content in your heart with your lifestyle, with your choices, with the daily chores you have to do. If you enjoy every minute of every day... This happiness of the Soul can translate into trading success. We need happiness to welcome abundance. We need a stable mind to trade. Control your mind and achieve all of your goals. Namaste.Shortby AlanSantanaUpdated 1414103
RubensAnalysis | US 30 | SellsPrice broke below trend line and now we can look for bearish movements. Price now broke below area of demand and now I am waiting for a retest of that area (39065) to my first target at next level of demand (38850)Shortby rubensanalysisPublished 1
Dow Jones BearsAs we analyze the current market trends, it's evident that Dow Jones is experiencing considerable pressure from bearish sentiment. This downturn reflects broader economic uncertainties and investor caution. As we analyze the current market trends, it's evident that Dow Jones is experiencing considerable pressure from bearish sentiment. This downturn reflects broader economic uncertainties and investor cautionShortby J_NgatiaUpdated 7
US30 ( RETEST AFTER LONG ) ( 4H )US30 HELLO TRADERS in the last chart as mentioned , the price is under bearish pressure dropping + 490 pip today , the price of EIGHTCAP:US30 retest to the turning level , may be swing 38,784 before long . Tendency the price is a bullish pressure at 38,948 TURNING LEVEL : the price in turning level 38,948 , until price trade below this level active bearish zone , but if price breaking this level active bullish zone RESISTANCE LEVEL: price until trade above turning level 38,948 , the price will rise to 39,397 39,765 ,stable this level by open 4h candle reach to 40,040 SUPPORT LEVEL : the price breaking turning level at 38,948 , it will reach the support level of 38,501 then stable this level reach to 38,134 CORRECTIVE LEVEL : price will 38,948 , correct itself before falling ------------------------------ * Thank you , if you support this idea with your likes and comments , I hope you a profitable day🤍🤍🤍🤍🤍ULongby ArinaKarayiPublished 4
Volatility Expected Between Key Support and Resistance LevelTechnical Analysis: US30 The price has reversed from the resistance line at 39575 and has now reached a strong support line. Consequently, significant volatility is expected as the price oscillates between 39045 and 39410, a notably wide range. Current Outlook: The price is likely to touch 39045 before potentially pushing up again. Both scenarios should be carefully considered: Bullish Scenario: Stability above 39230 suggests a move towards 39410. However, if the price reaches the support line at 39045, it must stabilize above this level to maintain a bullish trend. Bearish Scenario: A bearish trend would be confirmed if the price breaks below 39045, targeting 38790, and potentially dropping further from there. Key Levels: - **Pivot Line:** 39230 - **Resistance Levels:** 39400, 39575, 39780 - **Support Levels:** 39045, 38790, 38600 ### Today's Expected Range: The price is anticipated to fluctuate between the support at 38790 and the resistance at 39410. In summary, maintaining stability above the pivot line at 39230 is crucial for a bullish outlook, with targets at 39410. Conversely, a break below 39045 would signal a bearish trend with a downside target at 38790.by SroshMayiPublished 8
Dow Jones Index (US30): Your Trading Plan For Today Dow Jones Index is testing, a recently broken key daily resistance. With a high probability, the broken structure turned into support. Our confirmation to buy will be a bullish breakout of a neckline of an ascending triangle formation on 1H time frame. Hourly candle close above 39185 will confirm the violation. A bullish continuation will be expected at least to 39325. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTraderPublished 117