DJ30 could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target.
Entry: 37,665.45
Why we like it:
There is a pullback support level
Stop Loss: 37,247.85
Why we like it:
There is a pullback support level
Take Profit: 38,250.77
Why we like it:
There is a resistance that aligns with the 161.8% Fibonacci...
Hello traders it looks like its make or break time for us30
the price is on a very sensitive zone A Major key level + a falling trendline.
however it looks to me that the buyers are still keeping strength on the market it is very likely and possible we can see a breakout and a further continuation to the upwards just like the nasdaq100
but the possibility...
Going up, since market things it will drop more, and starts selling the index.
META and GOOG, is 1:1 and has the same function in the stocks. So when you SELL, market is rigged to go up and up, until a stop-loss or you have been beaten by FEEs.
WHY... it is because the market needs cashflow all the time, and if market (index) goes down, the hole market loses...
US30 D1
The US30 could undergo another substantial selloff, and we've begun to decisively resist the 34,150 price level, as previously anticipated.
Our response may not have been as swift as I'd prefer, but it's worth noting that we closed yesterday's D1 candle in the red, indicating a renewed bearish sentiment today. We remain optimistic about the possibility...
US30 D1
The downtrend remains evident. We find ourselves perched at a critical supply level, which has historically served as both a support and resistance area.
Notably, last week's move covered an impressive 1,700-point range. As highlighted in our recent IG video, we are keenly interested in exploring short positions, not only for potential corrective...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Price is hovering below our sell entry at 33686.3, which is an overlap resistance, aligning with the 78.6% fibo retracement and 78.6% fibo projection. Our stop loss is at 33929.5, which is slightly above the swing high resistance. Take profit is at 33429.5, which is a pullback support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Dow Jones (DJ30) could rise towards an overlap resistance and potentially reverse from here to drop lower towards our take profit target.
Entry: 33279.95
Why we like it:
There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement level
Stop Loss: 33798.50
Why we like it:
There is an overlap resistance that sits above the 38.2% Fibonacci...
Price could rise towards our sell entry at 33697.3, which is at the right shoulder, to continue its bearish momentum. It aligns with the 61.8% fibo retracement and 78.6% fibo projection as well. Our stop loss is above the head of the head and shoulders pattern, which is at 33918.4. Take profit is at 33354.4, which is a swing low support level.
High Risk...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Price is rising towards our sell entry at 33876.3, which is a pullback resistance level, aligning with the 23.6% fibo retracement and 61.8% fibo projection. Our stop loss is at 34092.9, which is an overlap resistance level, placed slightly above the 38.2% fibo retracement and 100% fibo projection. Take profit is at 33650.3, which is a multi-swing low support...
just like i told you guys again and again and again .
we dont miss , us30 broke the trendline and key level most likely going to keep dropping look for shorting positions next week.
Price is hovering above our buy entry at 34043.3, which is a multi-swing low support level, slightly above the 161.8% fibo extension level. Our stop loss is at 33876.3, which is a swing low support level. Take profit is at 34306.4, which is a pullback resistance level and at the 61.8% fibo projection.
High Risk Investment Warning
Trading Forex/CFDs on margin...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
