15min Bearish range, still looking to short within range of POI's, fundamentals is key tho. POI's for LONG/SHORT marked out
My bias for US30 has turned bearish due to the recent Wyckoff distribution that unfolded on the higher time frame, validated by a change of character and a break of structure. This confirmation prompts me to seek selling opportunities to support the downward trend. I will be targeting sells around the 20-hour supply zone, which recently triggered a Break of...
POI marked out for possible long positions into HTF breaker in premuim
15min bearish range, waiting op premium for possible shorts also looking to go for buys possibly from A-low during London Sesh
Still within 15 min Bearish range POI's Marked out for CPI, wil be looking for MSS on said POI's, also trendline liq forming above price anticipating it to be run at some point
15min bearish range looking for possible sell from supply also looking to to see if 15min high holds as we are in discount of the daily range could possible see price go higher
In this video, we delve into a prospective trading opportunity within the US30 Dow Jones index. Our analysis entails evaluating the prevailing trend, scrutinizing price movements, assessing market dynamics, and identifying a potential entry point under favorable conditions, as elaborated in the video. Incorporating robust risk management principles into your...
The Dow Jones Industrial Average has shifted into negative territory, experiencing a notable downturn following a double top formation around the $40,000 mark on April 1st. As of the time of writing, the price has descended to $39,179, exhibiting a reaction near the neckline of the price pattern. This development prompts a strategic approach based on Fibonacci...
The important support area for the US30 index is around the price of 39000. Considering the RSI is in the oversold range, an upward movement with targets at 39448 and 39844 can be expected. 📈
The US30's bullish momentum has encountered a key resistance level. This presents a potential counter-trend shorting opportunity. Here's the trade idea: Entry: Sell short at the current resistance level. Stop-Loss: Place a stop-loss order above the recent high. Target: Aim for the previous support/imbalance zone established at a prior low. Rationale: The US30's...
US30 remains in a strong bullish stance, and I'm still on the lookout for long opportunities. Last week, we witnessed a retracement in price to fill the previous imbalance, although some imbalances remain. This was adequate for initiating a new rally, as we're currently observing. Now, I anticipate two possibilities: either price will break past the newly formed...
Hello Traders ! On Wednesday 20 March The US30 Broke The Resistance Level (39284.87 - 39080.39). The Price Retreated To The Support Level and Failed To Break it ! The Lower High is Broken (ChoCh). So, I Expect a Bullish Move 📈 TARGET: 39790.00🎯
Hello everyone, Dow Jones 4H NEW FORECAST The index price is still affected by the instantaneous negativity of the Stochastic indicator, forcing it to present a new sideways fluctuation as it stabilizes near the support represented by the level of 39559 . The scenario for nearby trading depends on the strength of the current support so that we expect the price...
This week, I'm bullish on US30. I'm waiting for a pullback followed by a re-accumulation within the demand zone. Once I receive confirmation on the lower time frame, specifically in the 21-hour or 18-hour demand zone, I'll consider taking long positions along the trend. With the recent breach of all-time highs and significant bearish momentum, there's a...
Hello everyone, US30 4H NEW FORECAST The index price succeeded in confirming the bullish scenario by surpassing yesterday the resistance of the stable ascending channel near 39640 , to notice the formation of a strong upward impulse, thus stabilizing above the psychological barrier represented by the 40000 level. The price may currently be forced to form...
Hello everyone, US30 4H NEW FORECAST The index price continued to form new positive waves, thus postponing the downward corrective path due to its repeated stability above the additional support centered near 38792 . Also, trying to present the Stochastic indicator of positive momentum with its stability near the 80 level will increase the chances of the...
Short positions on US30 appear compelling this week. We've observed significant bearish momentum lately, leading to a shift in character towards the downside, hinting at a potential trend reversal. Despite not having breached major structural levels yet, two robust supply zones remain, from which we can expect a bearish response. The slowdown in price movement...