US30 buy idea and explanation of how to manage stop-loss.
Price breaking out the bearish channel and we are ready to take those buys
Price been trading inside a channel formed a double bottom on strong support levels and waiting for price to break out the channel and test it the we good to buy...once broken out of the bearish channel.
In this live trading session video,we look at open positions on BRENT and GBPUSD and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them.
Title: US30 Indices Current Selling Market Outlook: Analysis & Strategies Description: Welcome to our latest video where we delve into the current selling market outlook for the US30 indices! In this insightful session, we'll examine the prevailing trends and provide a comprehensive analysis of the factors influencing the selling sentiment in the US30 index....
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...
Bank Nifty Price Action on Friday 05 April 2024 the bank nifty looking for new all time high for this bank nifty had crossed the levels 48500 from here more Move possible Educational Purpose only
Bank nifty Friday 05 April 2024 The Bank Nifty it's clothes today at 48016.80 and on the daily basis it has form dozy candle if we look the zone in which Bank Nifty trading it is the supplies zone earlier Bank Nifty was getting sold very efficiently on dated Tuesday 16 January 2024 where 1500 cap down was happening the letter of the part 6 March 2024 the same...
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...
Keep it simple. It's essential to keep things simple.
Fibonacci Trendline Support and Resistance Chart patterns
Price shows bearish divergence. Price waits to it 39500.00 which is a psychological bank level
Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
US30 is rising towards a potential breakout level and could breakthrough this level to climb higher. Buy entry is at 38898.40 which is a potential breakout level, price could bounce off this level and rise to resistance. Stop loss is at 38776.96 which is an overlap support that aligns closely with the 61.8% Fibonacci retracement level. Take profit is at...
Today's focus: US30 Pattern – Consolidation range Support – 38,550 Resistance – 39,165 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the US30 daily. Yesterday's CPI didn't cause any serious moves but did show that inflation remains stubborn. Today, we have run over what we are watching on the US30 and the current main levels...
In this video, I aim to provide an overview of my observations regarding the approach toward a potential market peak. I'll offer some perspective by comparing the Dow Jones to the ASX (Australian Stock Market) and discuss the possibility of a significant downturn in global markets, comparable to a collapse. I'll outline various factors contributing to these...
I've compiled my latest comprehensive analysis of the stock market, as I strongly believe it offers crucial insights into market psychology, spanning across Cryptos, Stocks, and various assets. To dispel any notions of spreading fear, uncertainty, and doubt (FUD), I meticulously outline the pattern and highlight key levels to monitor. Should this analysis hold...
In this bullish example, we see that the price opened at the close of the previous Daily candle. Price normal mitigates/manipulates into a point of interest created in the previous day. Price will then move up as we are bullish.