US30 Gave a nice long opportunity At 9:30 am when it quickly pushed up from the 42300 support level. This long will likely reach above the 43200 level and retest this area to continue its bullish move overall. The bulls have arrived!
US30 Falls yesterday causing much of the traders to lose their bullish trades. The market faked like it wanted to go bullish but slid over 250 points. Price is currently closer to support 42300 and is likely to continue to consolidate between here and 92900. This is a zone to take small intraday trades to make up for any losses sustained with yesterday's slide....
US30 is currently showing a bullish move. Its time to eat ppl. Take your longs and hold them. We are in for a ride. Look to take additional longs at the market allows. Look for retests of certain supports as price rises to take advantage of opportunities being presented. Happy Trading.
US30 has finally broken the downward trend above the 43500 support line. The US30 gave us an evening star pattern off of the trend line and support area at 43500. This was an indication to go Long. If you are in a short, you will likely have to wait for a pull back to get out of your trade or you can close in a small loss. If you are in a long. Hold it. This...
US30 rejected the 43300 support and is now above the weaker support of 43500. For potential longs, look for price to retest the upper support of 43500 for a buy opportunity or for price to indicate a buy but to wick out on the trend line only to fall again. For shorts look for price to fall bellow the current support line and retest it or for price to retest...
US30 completed two market sweeps to gain liquidity which is a good indication that price is most likely closer to its reversal point. Market makers swept stop losses and buy stop orders at 43700 and 43800 last night only to push price lower. As I mentioned over the last week. Price is likely to go all the way to 43300 at which it will likely begin to reverse....
US30 failed to stay above the 43800 support Line causing price to be stalled between 43800 resistance area and 43500 support area. This is a very week support area and price will likely gravitate to the 43500 line by tomorrow so an intraday short is an idea to consider. Price is nicely falling within the trend channel and shows no immediate or on coming sign of...
US30 is showing resilliance at support level 43700 with the entire day hovering on or around that support line. Price is currently within the trend line channel and and therefore would have to consolidate above that support area in order to maintain its levels. If price within the next 8 hours does not recover above the current support line it will likely fall...
US30 has been consolidating since last night with no indication if it wants to go up or down. Price is currently sitting around the trend line and may break the trend line indicating it wants to rise but be mindful of the market makers and their desire to liquidate your funds. Wait for a clear entry point for a bullish move above the support at 44,000 or a clears...
US 30 is resting on support at 43800 with the potential to fall. With no clear indication of strong buyers ahead. The US30 is likely to fall for the first half of the week only to recover and go Bullish towards the end of the week. The rate at which the US30 will fall will be based on how fast it gets to the lower support at 43360 which is the strongest zone for...
US30 has been resting on the support line at 43794 for the last 7 hours. We are currently in 2 shorts and hoping price breaks down past this support level to the second support below at 43360. If price does break the current support it will likely head down there to return in a week or two. Based on what's happening with the individual companies represented by the...
US30 Retested upper supports at 0500 and 0600 Hours. At that point we were looking for entries on an intraday short. Which we took. US30 is currently Falling and will likely hit 43369 area before looking to return bullish as the Dow Jones continues to show signs of weakness. If you are already in a short you can hold it. If you want to get in on an entry price...
US 30 is giving an opportunity to go short. Price is currently testing a resistance line. We showered the pair as US30 continues to indicate it is not ready for the bullish trend shift. If you are in a previous short, hold it. If you are not look to short the pair only to the second support to around 43360. Let me know you’re thoughts
US30 is completely overcorrected with market manipulators going to liquidate buyers who think price is about to rise. If price continues to fall, look for there to be no support until 43362 which is way's away. If that happens there is a big opportunity to maintain short trades but it is very risky because US30 is completely over corrected and may go bullish at...
US30 is Currently at a resistance level and above the downward trendline which is good indication price wants to rise now. The last (4) 1 Hour candles have been bullish. Be careful here. The Market makers know we are waiting for the buy and will wait for more buys to be initiated before creating a long wick downward to liquidate the buyers. If there aren't enough...
US30 is faking as if its going to sell. This may be the case however the likelihood that this pair is still falling is minimal. What we are seeing is market manipulation. They are going down to take the liquidity from the buyers in the market then going up. If this is the case, look to short only after a retest and ride it down to the next two support levels...
As we pay attention for US30 to rise its important to remain patient. The market makers are likely to consolidate US30 at this point to hold both buyers and sellers into their trades before bouncing up for a great bullish trend. Look for price to break the current resistance level and wait for a retest of the zone 44351 followed by a big bullish move.
US30 has officially closed above the bearish trendline at 44300. Now we look for price to go above the current support line at 44350. Once that happens look for price to change trend and begin to go bullish for approximately 7000+ pips. Hope you are ready for the ride. Comment and let me know your thoughts below!