US30 BearishBLACKBULL:US30 price overall is bearish soon as we brake the 41,600.00 level price is expected to retest at 41,600.00 before continuation. Then it should drop all the way to the 40,587.4.
US30 trade ideas
Dow Jones + This 3 Step SystemThe greatest buying opportunity has arrived...
are you looking at the dow jones TVC:DJI ?
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It was from crashing this crash wont continue at all
because it was a type of crash that
appears as a taking profit
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Crash investors are going to rebuy their
positions in this next market cycle.
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• Step 1: The price is above the 50 ma
• Step 2: The price is above the 200 ma
• Step 3:The price has to gap up
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US30Regarding Us30 two situations may take place however the end is the same ( falling)
Situation one : retracement from 41848 or 41452 level
To 42494 and continue to fall
Situation two : retracement from above mentioned levels
To higher high at 43389 forming a double top pattern and end up to fall .
The accending channel is broken so situation two is acceptable for me .
DJI, Elliott wave analysisOutlook for DJI on the 1D chart.
There have been no changes since the last update.
The lower degree wave has completed an expanding diagonal, and it is most likely that the upper degree wave (c) has begun.
If this scenario is correct, it will probably become bearish.
Dji can fallDow Jones (dj) analysis: We are cautious due to the break of an ascending trend line and the formation of a rising wedge pattern 😐. But we are not afraid because the indicator is positioned above the gap support points, which are “41832” and “41723”. #DJI #ndx next post ⬇️⬇️
If these levels are broken, I advise easing up and opening selling deals, and I do not advise repositioning except at 40,000 to 40,400.
#forexstrategy
#ForexMarket
#DJI #Tesla
Note the decrease in volume peaks as you ascend ↖️ And the height of the peaks in the fall ⬇️ It could be a trap for sellers. Just watch to confirm the breakage.
#DJI #Dowjones
#StockMarkets
#Tesla
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#TrumpRally
shorting up here Looking for 5m/15m RSI above 80 to short, 1st TP is at 5m/16ema, 2nd TP at 15m/16ema
Waiting for 15m close
Dowjones on Hourly Timeframe | Big Bullish CandleCould this be a trend reveral for short term?
Market Trend: The overall trend is labeled as bearish, confirmed by the "Strong" trend indicator in the dashboard.
RSI (Relative Strength Index): At 53.34, the RSI suggests neutral to slightly bearish momentum. However, this reading doesn’t yet indicate an overbought or oversold condition.
Volatility: High volatility at 84.54% signals potential for sharp price movements.
2. Chart Patterns
Swing High and Swing Low: Marked points of recent high and low levels indicate a clear downtrend, as shown by the sequence of lower highs (LH) and lower lows (LL).
Supply and Demand Zones: The red zone above the entry level (42771.24) is labeled as a supply area, suggesting strong resistance, while the green area at the bottom is a demand zone, indicating support.
Descending Trendline: A blue trendline connects the lower highs, reinforcing the bearish trend and potential resistance for any upward move.
3. Entry and Target Levels
Entry Level: The chart recommends a short (sell) entry at 42771.24.
Stop Loss (SL): Placed at 42953.61, this stop loss is set above the supply zone to protect against unexpected upward movements.
Take Profit (TP) Levels:
TP1: 42488.87
TP2: 42256.49
TP3: 42024.12
TP4: 41791.74
These levels suggest a step-down approach in profit-taking, aiming to capture gains as the price moves toward the demand zone.
4. Performance Metrics
Accuracy: The indicator shows a historical accuracy of 69.48% for this setup, suggesting relatively high reliability.
Possible buySelling pressure managed to react on a crucial support barrier. As long as price remains above 41733. The index may try to reach above resistant barriers. Failing to sustain the bullish move, and stabilizing below 41733 may lead to bearish continuation.
Possible buySelling pressure managed to react on a crucial support barrier. As long as price remains above 41733. The index may try to reach above resistant barriers. Failing to sustain the bullish move, and stabilizing below 41733 may lead to bearish continuation.
Long on Us30 Im looking for a long on US30
This is for the new york open not the cpi news
the reason for my analysis is that we have broken out of a bullish rang
US30: Volatile Day Ahead with Key Levels in FocusUS30 Technical Analysis
The price has reached our previously highlighted support level at 41,745, bouncing back toward resistance.
Currently, as long as trading remains below 41,970, we anticipate a downward trajectory toward 41,750, with further decline potential to 41,560 if breached. Additionally, news events are adding pressure to the outlook.
Bearish Scenario: Sustained trading below 41,970 may drive the price lower toward 41,750, and ultimately to 41,560.
Bullish Scenario: A break above 42,130 could reinforce a bullish trend, pushing prices to 42,290 and potentially to 42,450.
Today’s market is expected to be highly volatile due to the release of the NFP, Unemployment Rate data, and earnings reports, which will likely have a strong impact on indices.
Key Levels:
Pivot Point: 41970
Resistance Levels: 42130, 42290, 42450
Support Levels: 41750, 41560, 41350
Trend Outlook:
- Bearish by stability below 41970 and 41740
- Bullish by stability above 42130
- Consolidation 41970 and 41750
previous idea:
Swing Trade Idea#3Price break below well respected point of interest zone (support). Now we expect price to pull back to retest the supply zone to sell.
Uptrend It is expected that the upward trend will form up to the specified resistance levels, then there will be a possibility of changing the trend and starting the upward trend. If the 78.6% level is broken, the continuation of the downward trend is likely
US30 BUY SETUP !!“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.” – Jesse Livermore
DOW JONES: Bottom of the Channel Up.Dow Jones turned bearish on its 1D technical outlook (RSI = 42.00, MACD = 51.000, ADX = 21.000) as it almost hit the bottom of the Channel Up pattern. It is about to form a Death Cross on the 4H timeframe, which will be the first since August 8th that was technically the bottom of July's correction and start of the current Channel Up. We expect the bottom to be priced either today or tomorrow and the RR is good enough to buy. We aim for the 1.5 Fibonacci level (TP = 44,000), which priced the previous two HH.
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Bearish US30 Butterfly Pattern
Understanding the Pullback of US30 Butterfly Pattern
In the world of trading, understanding different chart patterns is crucial for making informed decisions. One such pattern is the butterfly pattern, which is currently evident in the US30 market. Traders have observed a pullback in the US30 butterfly pattern from level 1.276 to a lower level.
This pullback indicates a potential shift in market momentum, prompting traders to re-evaluate their positions and consider new trading strategies. The possible target of the seller butterfly is at the level 1 Fibonacci, which serves as a key support and resistance level.
Traders should closely monitor the price action around this level to gauge the strength of the selling/buying pressure and assess the potential for downward/upward trend.
US30 / Key Levels for Breakout from Consolidation ZoneUS30 Technical Analysis
Following the retest at 42,450, the price has dropped approximately 500 points as anticipated.
Currently, US30 is expected to consolidate between 41,970 and 42,130 until a breakout occurs.
Bearish Scenario: The price needs to break 41960 and stabilize under it to continue the bearish side toward 41740 and 41560
Bullish scenario: any breaking above 42130 will support the bullish trend to get 42290 and 42450
Key Levels:
Pivot Point: 41970
Resistance Levels: 42130, 42290, 42450
Support Levels: 41750, 41560, 41350
Trend Outlook:
- Bearish by stability below 41970
- Bullish by stability above 42130
- Consolidation 41970 and 42130
DJI is not my friend next monthLooks like DJI might close with a "shooting star" candle. It's been a nice run and RSI needs to cool down. If this plays out we might be looking at another red month next month (40,800 target).
Dow Jones Index (US30): Support & Resistance Analysis
Here is my latest support & resistance analysis for US30.
Resistance 1: 42450 - 42720 area
Resistance 2: 43280 - 43310 area
Support 1: 41616 - 41886 area
Support 2: 40850 - 41182 area
Support 3: 40000 - 40240 area
Consider these structures for pullback/breakout trading.
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US30 SELL ANALYSIS RISING WEDGE PATTERNHere on US30 price form a rising wedge pattern and has broken line 42714.12 which means there is a chance of falling more so trader should go for SHORT and expect profit target of 41470.80 and 40397.01 . Use money management
Us30 H1 is shifting to entry zonesUs30 is shifting towards our entry zone 41800 in order to protect your capitals you need a good stop loss n be aware of hunted which means you don't put it at exactly points were you know it's gonna be taken out,always make sure your entries are good n just exactly were market is turning or few pips before don't be in hurry for anything,timming is money.
Us30Buy zone or completion of head&shoulders on us30. Zone on 1h entry on 15m or right shoulder on 5 minute
US30 THIS IS POWERFUL!!In this video, I break down us30 into the trade I executed. Making use of a HTF and using a LTF for entries.
