US30 Last Call! Seems like a ghost town today. Anyways, moving to the 4-Hour chart, the bears are dropping from both the Bearish Pressure Zone (created by the upper wicks of three candles in succession) and also dropping from the S&R Zone.
When price action goes to an extreme, like being in an Overbought condition, such as now, or in an Oversold condition, price action tends to go from an extreme and revert back to the mean (average). Through Mean Reversion, the bears can head towards 39,280, which is the average (mean). We'll see if it happens.
*Side Note: There's an Outside Day pattern identified on the chart. So, it means that when the bear run is totally over, you'll see an immediate retrace to the upside.
US30 Watch It! A Doji (highlighted with a yellow marker) showed up along the bearish descent on the Hourly. That means a slight pause, then more to the down move until a bottom reversal pattern shows up.
US30 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US30/DJI30" Index CFD Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (40800) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊."
📍 Thief SL placed at the recent/swing low level Using the 1H timeframe (39200) Day trade basis. 📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 42700 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
💰💵💴💸"US30/DJI30" Index CFD Market Heist Plan (Day / Scalping Trade) is currently experiencing a bullishness🐂.., driven by several key factors.👇👇👇
📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets... go ahead to check 👉👉👉🔗🔗
US30 What's Below? For a breakout to the downside on the Hourly, the bears can head for the multi-tiered and tall S&R Zone. Within that are two Swing Lows to potentially breach (at 40,322 and 40,137). We'll see if they can do it.
If the bears can't reach or even breach the first Swing Low with a candle close at that price of 40,322 (or lower), then back up it goes.
US30 Price action is "coiling" through both tight and wide consolidation for an eventual breakout on the Hourly that is in Bearish (directional) Market Bias.
A channel has been created with the Swing High of 40,669 (that was just rejected) and a Swing Low of 40,322. Breakout needs to happen and a Double Top just formed. Let's see how this unfolds.
US30 Last Call!
