US30 (Idea)Will be looking to start my scale in short position from here. why because we have hit liquidity and we will have to distribute that liquidity. aiming for a key zone.
Please note this is not financial advice
Happy trading
IAM
US30 trade ideas
US 30 Probability upcoming week We have seen bullish momentum in US30 triggered by fundamentals reaching all time high last week upcoming week is almost last week as we will have only one day in next to next week therefore the last high will be of more importance as we have more levels on upper side however as intraday or swing trader i have marked certain important levels on chart and will execute the trade only upon confirmation & daily closure of candles
We have BOS & inducement with high volume candle which has swept the SSL therefore its low will be of vital importance will look for closure of candles on H4 & D and execute trade upon confirmation sell trades will be for scalp targeting 1:2 & buy trades will be of 1:3 however if we get market at marked level for buy can be hold targeting high of previous week.
Note: Not a financial advice only for educational purpose Input will be appreciated
US 30 OVERVIEW On monthly weekly & daily timeframe US30 has closing at high zone upward trend is still intact
we have important news in coming week Job Data & NFP news of interest rate cut are circulating however as a swing trader or intra day trader we have to find valid entry points for buy & sell with 1:3 target few important points need to be kept in mind
1. US 30 has closed the monthly weekly candle above previous month week which indicates the trend is still bullish however it has closed the daily candle within range of previous day which is of significance importance.
2. On monthly time frame we have imbalance at 39780 level to 39590 level.
3. On weekly time frame 41180 to 40800 level is important & can be entry point all upon confirmation for 1:3.
Now coming over to US30 chart
1. US30 has made double top swept the liquidity and we saw MSS however there was no expansion toward down side therefore we could not confirm sell entry.
2. We will monitor US30 on H4 and will see in New York session on Monday if US30 sweeps the buy side liquidity and closes below 41600 than we can see possible downward move toward the targets as shown on the chart. if it closes above 41600 level than will apply the same strategy at new top where we get consolidation with equal highs than BSL sweep & followed by MSS & expansion toward down side.
3. Than we have marked the possible buy entry for targeting ATH
Note: Marking on the charts are for educational purpose only not an investment advice
Dow Jones Potential UpsidesHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 41800 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 41800 support and resistance area.
Trade safe, Joe.
TIME TO SHORT US30 AT 42192-42185We have setting up this trade for last 4 hours
we been successfully short them earlier.
First target will be at 42037, please ensure take profit 50%
bring stop loss to BE
then target further. to 41968.2
then target 3 at 41889
US30 POTENTIAL SELL Trade Idea US30 Sell Opportunity
US30
Timeframe 30-Min
Entry 41990
Target 41950
Range 30-75 pips
Stop Loss 42055
Rationale
Price imbalance at 41990 indicates potential sell-off
Risk-reward is favorable with a target of 30-75 pips and a 65-pip stop loss
Execution
1 Sell at 41990
2 Close near 41950
3 Set stop loss at 42055
looking for shortsthis is the first analysis am publishing on US30..basing the analysis on the higher timeframe trend, made a higher high, pulled down now am waiting for it to come back for a bit of a retest,, that is when i'll short it.. only when it comes back to the zone.
US30 9/20/24💹
👁️ Outlook
30m Context Time Frame: Price is re-accumulating and surfing the emas 10/20 and expecting price to push higher towards that 30m hh
Daly Bias: Bullish
Keeping an eye on this. 👁️
"Hindenburg's Omen" to predict a stock market crash."Hindenburg's Omen" to predict a stock market crash.
"Hindenburg's Omen" is a technical indicator in financial analysis designed to predict a potential significant decline or a stock market crash.
Here are the main things to remember about this indicator:
Definition and origin
Introduced by Jim Miekka in the 1990s.
Named after the Hindenburg airship disaster in 1937, symbolizing an unexpected disaster.
How it works
- Hindenburg's Omen is triggered when several conditions are met simultaneously on a stock market:
- A high number of stocks reaching both new highs and lows over 52 weeks (usually more than 2.2% of stocks).
- The number of new highs must not exceed twice the number of new lows.
- The stock index must be in an upward trend (positive 50-day or 10-week moving average).
-The McClellan Oscillator (sentiment indicator) should be negative.
Interpretation
-When these conditions are met, the Omen suggests underlying market instability and an increased risk of a significant decline.
-The signal remains active for 30 trading days.
Reliability
-The indicator has correctly signaled some historical crashes, such as the one in 1987.
-However, its reliability is questionable as it also produces many false signals.
Usage
-Generally used in conjunction with other forms of technical analysis to confirm sell signals.
Traders can use it to adjust their positions or as an alert for increased market monitoring.
It is important to note that, like any technical indicator, the Hindenburg Omen is not infallible and should be used with caution, in conjunction with other analytical tools.
In the following photos, a harmonic "BLACK SWAN" pattern was detected on the DOW JONES, announcing a stock market crash or a strong correction!
Possibility of uptrend It is expected that after some fluctuation and correction, the continuation of the upward trend will be formed. If the price crosses the red support zone, the downward trend is likely to continue
US30 H4 I Bearish DropBased on the H4 chart analysis, we can see that the price is currently at our sell entry at 42,123.21, a swing-high resistance close to the 127.20% Fibonacci Extension
Our take profit will be at 41,562.08, an overlap support.
The stop loss will be placed at 42,397.93, above the 161.8% Fibo extension
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US30 updateWhat I see is not what everyone sees,but the results behind my work is amazing, I might be not good in writing but am good on following right by the right time I don't mess a chance n goo against the trend nah,goo big or goo home if you die die 😀
DOW JONES IS NEAR TO THE END OF BULL TRENDYes, you don't read it wrongly.
After the shocking Fed's 0.5% cut rate yesterday, market reacted by pushing to the upside, but the force is not strong enough that could be assumed as the last push is being made, BEFORE THE DOWNFALL.
Get ready for the huge correction on Dow Jones and "his friends" as S&P500, Nasdaq too.
CHEERS!
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.
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.
US30 14H
We are at the end of the fifth wave and it is likely that the Dow Jones index will take a break up to the specified areas!
There is also a divergence in the RSI!
What do you think?
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
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.
SHORT US30 - wait for break out at 41967Team, another SHORT FOR US30, once it reach at 41967, then short, we need a break out
Stop loss at 42045
target 1 at 41864.8
Target 2 at 41721.4
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.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
US30-BREAKOUT4YR: Resistance was broken and the price have been above the resistance.
18: Breakout of the previous High which is flag formation on small timeframe
1D": Pin Bar, waiting to buy close off the Pin bar, at the US Open
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
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.
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