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US30 trade ideas

US30 POTENTIAL SELL OPPORTUNITYSell Opportunity for US30 (1-Hour Chart) Trade Setup: We are looking to initiate a sell position on US30, targeting a strong bearish momentum observed around the 42076 level. Entry Point: Sell at or near 42076. Target: Aim for a profit target of 30-80 pips below the entry point. **Stop Loss:** Place a stop loss 65 pips above the entry to manage risk effectively. Current market conditions indicate heavy bearish momentum, making this an opportune time to capitalize on potential downward movement. We will monitor the trade closely and secure profits if necessary to safeguard gains. **Risk Management:** Ensure position sizing aligns with your overall trading strategy to mitigate potential losses.
PEPPERSTONE:US30Short
by BluezFxTraders
1
US30 BUYTrade Idea: US30 (15-Minute Chart) Strategy Overview: I anticipate a continuation of bullish momentum in the US30 index. My focus is on the price zone around 42,000, where I expect a potential entry point for a long position. Trade Setup: Entry: Buy Stop order to be placed at 42,000 Stop Loss: 50 pips below the entry point Target: 50 to 75 pips above the entry point I will monitor price action closely as it approaches the 42,000 level to ensure alignment with the overall bullish trend.
PEPPERSTONE:US30Long
by BluezFxTraders
4
Dow may face strong resistance?Hi Guys. The US 30, Dow Jones is fast approaching an area that may see some strong selling pressure. Ive written previous posts regarding The Fib 1.618 retrace of Dows bear market high to low is the zone I have drawn on the chart. Both Dow's counterparts, SP 500 and NAS100 corrected at their respective 1.618 retracements of the bear market. The Dow has been travelling in the channel on the chart and it is now at the upper part right as we head into that zone. Also RSI is showing clear divergence on daily, for added confluence entering into a potential sell zone. Preferably having RSI enter overbought again and then look for sell trades on lower time frame for potential big risk to reward play. There is a harmonic forming if price does follow the path to the zone and pulls back. The two possible patterns could become either a cypher whose entry point lands conveniently on the lower channel line or should we break the channel low then a shark pattern where the entry is between 0.886 and 1.13. Safe Trading all
BLACKBULL:US30Short
by elyask120
4
Dow Jones Industrial - DJI - is creating a ending diagonalEnding Diagonal Overview An Ending Diagonal is a pattern that signifies the exhaustion of a larger movement. It occurs at the final stages of a trend, either at the end of a five-wave impulse or at the end of an A-B-C corrective structure. Typically, ending diagonals take longer to unfold compared to standard impulses, indicating a slowdown and an imminent trend reversal. Key Rules for Ending Diagonals • Where they appear: Ending diagonals can occur in either Wave 5 of an impulse or Wave C of a corrective structure. • Wave count: An ending diagonal subdivides into five waves. • Wave structure: Each of the five waves in an ending diagonal consists of three smaller waves. • Wave overlap: In an ending diagonal, Wave 1 and Wave 4 overlap, unlike a standard impulse. Guidelines for Identifying an Ending Diagonal • Wave size: Wave 1 is typically the largest among Waves 1, 3, and 5. • Contracting vs. Expanding Diagonals: • In a contracting diagonal, Wave 5 often terminates slightly beyond the trendline connecting Wave 1 and Wave 3. • In an expanding diagonal, Wave 5 typically ends before the trendline connecting Wave 1 and Wave 3. • Wave 3 extension: If Wave 5 is an ending diagonal, Wave 3 is most likely to be extended. • Implication of extensions: Wave 5 extensions, truncated fifths, and ending diagonals all suggest a significant reversal is approaching. • Sub-wave structure: Unlike typical impulses, the sub-waves Wave 2 and Wave 4 do not alternate in terms of structure. Both corrections are usually simple ZigZag patterns. • Throw-over phenomenon: Often, prices may briefly shoot beyond the trendline connecting Wave 1 and Wave 3 in a phenomenon known as a throw-over, indicating extreme exhaustion. This is followed by a sharp reversal. • Trading opportunity: A strong buying opportunity usually emerges when prices break above the diagonal trendline connecting Wave 2 and Wave 4. Internal Wave Structure The internal structure of an ending diagonal follows a 3-3-3-3-3 pattern. Each of the five waves in the diagonal subdivides into three smaller waves, typically following an A-B-C ZigZag pattern. This differs from a typical impulse, which subdivides into a 5-wave structure. Conclusion Ending diagonals mark the completion of major trends and serve as powerful reversal signals. Recognizing their internal wave structure and the key characteristics such as the overlap of Waves 1 and 4, the throw-over, and their 3-wave subdivisions can help traders identify impending reversals and take advantage of new trend opportunities.
TVC:DJIShort
by integer256
1
US30 I Potential short scalp from top of the channel Welcome back! Let me know your thoughts in the comments! ** US30 Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
CAPITALCOM:US30Short
by BKTradingAcademy
5
Dow Jones Targets New Highs Amid Fed RateDow Jones Closes at a Record High Above 41,700 Ahead of Major Fed Event Technical Analysis: The price has stabilized within a bullish zone and, depending on that will continue the trend while above 41565 Sustained stability above 41,565 could drive the index higher towards 41,980. Conversely, a break below this level could signal a corrective move down to 41,340. Additionally, a short-term correction to 41,620 is possible from the current price. Key Levels: Pivot Point: 41,620 Resistance Levels: 41820, 41980, 42100 Support Levels: 41565, 41340, 41030 Trend Outlook: Uptrend: Above 41,565 Downtrend: Below 41,340
OANDA:US30USDLong
by SroshMayi
US30 Is Very Bearish! Short! Please, check our technical outlook for US30. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 41,801.97. Taking into consideration the structure & trend analysis, I believe that the market will reach 40,853.86 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
EIGHTCAP:US30Short
by SignalProvider
Hellena | DJI (4H): Long to resistance area 41687. Dear colleagues, I believe that the correction in the wave “2” has already taken place and therefore the impulse wave “3” has started, which according to the rules of wave analysis should reach the resistance area 41687. This is possible in 2 cases: 1) wave 1 has not been formed yet 2) after wave 2 in wave 3 (then this level will be reached 2 times). Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BLACKBULL:DJ30.FLong
by Hellena_Trade
2
Bearish drop?DJ30 is reacting off the the resistance level which is a pullback resistance that aligns with the 161.8% Fibonacci extension and could drop from this level to our take profit. Entry: 41,785.78 Why we like it: There is a pullback resistance level that aligns with the 161.8% Fibonacci extension. Stop loss: 42,102.21 Why we like it: There is a resistance level that lines u with the 127.2% Fibonacci retracement. Take profit: 41,103.61 Why we like it: There is a pullback support level that lines up with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:DJ30Short
by VantageMarkets