Price Flow Strategy: FLOW (Daily/Weekly): UP flow (4hr/1hr): down i-Flow: the flow(4hr/1hr) is still intactly down and we spot no intentions of the FLOW returning soon Action: (see chart) From here we are looking at a retest of the zone 38453-38568 or anything that will validate the continuation of the sell. Follow me for updates. entry...
Traders, In today's trading session, our attention is drawn to US30, where we're closely watching for a potential selling opportunity around the 38800 zone. US30 is currently navigating a downtrend, with a correction phase underway as it nears the critical support and resistance area at 38800. Adding depth to our analysis, it's crucial to consider the broader...
Lets take a buy from here. as the price is at the big breakout level. Price will rise up to 450 pips towards the high swing it made last day.
On this analysis we examine the Dow Jones index (DJI) from the longer term perspective of the 1M time-frame. A lot of market participants has started to get nervous because of this month's pull-back and this is the best way to keep a calm mindset and view the price action objectively. In order to see if the market has a legitimate reason to panic or not, the...
Hello Traders and Investors, today I will take a look at the Dow Jones. -------- Explanation of my video analysis: There is one major long term pattern which we have been looking at for a very long time - a rising channel formation. Just a couple of months ago the Dow Jones retested the lower support trendline and created a beautiful triangle breakout while...
US30: The First Selling Signs After a long time US30 confirmed an "Ascending Channel Pattern" The price broke down from the channel thus confirming that a possible bearish wave may happen soon. Considering that we have the US CPI data tomorrow it is likely that we may see US30 moving down further as it is shown in the chart. Strong support is found near...
US 30 has made a bullish divergence on 1h and dxy is bearish in aprail month so its right time to place a buy stop at its resiatnace line . I think the market will continue to rise, thanks to the continued strength of the dollar
The market is going to reverse, trying to collect liquidity. Taking all the previous highs, Collecting stop limits. Before making an impulsive bear move.
Analysis done two weeks ago is still playing out just as i predicted, and now we just have to monitor the market and our trades too. its been 2 weeks of profit-making; no loss has occurred so far, Let's go.
The Dow Jones index has the support of the bottom of the descending channel in the range of 37872 and under the condition of maintaining and not registering any close candle time of four hours below it, it can increase to the resistance range of 38586-38450.
Hello,Friends! The BB upper band is nearby so US30 is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 33605. ✅LIKE AND COMMENT MY IDEAS✅
Today i forgot to publish the information on US30 as you can see re-entry levels are already:
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...
US30 buy idea and explanation of how to manage stop-loss.
US30 looks to be reversing on the high (daily) timeframe. it made a perfect M formation and has now closed below the 50 ema on the daily timeframe. when price is below the 50 EMA it indicates a down trend vice versa price may retest the 50 ema before going down. NOTE : price pulled back to the 618 on fibs (daily timeframe) looking for price to reach the 200 ema...
The Dow Jones (DJI) hit a new All-Time High three weeks ago but is already pointing straight down, already in the early stages of a massive correction... How are you doing today? The week is young and the Dow Jones already wicked higher and is going down. It has been down with two big red candles closing below EMA10 and EMA21 weekly, the bears are now in control....
Hello traders what do you think about US30 give your suggestions in comment.. As the US30 inches towards the critical resistance level at 38,068, traders are on high alert. A successful breach of this threshold could fuel the ongoing bullish trend, propelling the index towards the next target at 38,380. Conversely, should the price stabilize below 37,996, market...
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...