The price is rising toward the resistance level, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement; it could reverse from this level to our take profit Entry: 39,095.90 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 39,373.41 Why we like it: There is an overlap...
US30 H4 We fell marginally short of seeing this price trigger yesterday as we approached the underside of our key sell zone. US stock market open may provide the volume and entry point to see and commit to shorts from that 39k price. Nice confluence zone offering that whole/psychological number, H4 supply and resistance.
US30 New Forecast The price moved as our previous idea and reached our target perfectly. So now it is possible to do a retest till 38820 and then start a bullish trend toward 39010 and 39075, breaching 39075 means a continuation bullish trend toward 39285 otherwise closing 4h candle under 38820 will move under the bearish effect toward 38660 Pivot line:...
US30 Long Bias Entry: Daily demand Zone Historically April had always been a bullish month for indices. In the past 22+ years, every April was a bullish month for the Dow apart from April 2022. We can expect strength until the end of April. I am personally waiting for this refined zone, NOTE that WEEKLY demand is already mitigated, but i've refined the zone...
The US30 index is exhibiting bullish momentum following a break above key resistance levels. This surge is fueled by recent developments highlighted in an article discussing Federal Reserve Chair Jay Powell's measured response to escalating inflation. Unlike previous statements, Powell's composed approach towards inflation, aiming to avoid aggressively targeting a...
Am wailing to see price go to 39355 then i take my sells and target the 37807 area. currently price is facing the 200 SMa and if price holds there we can see sells happen there towards 37807
Please pay special attention to the accurate trend, colored levels, channel, and red level as SL. Be careful BEST MT
Here is a clearer view of the US 30 ranges and overall market structure. This way you can better visualize WHERE we are currently trading and WHERE the HTF liquidity rests. You can also see the 15min FVG I've used for trading today's swing and get my entry on the LTF whilst respecting the HTF. WAIT for the market to show you its hand and ACT upon it. Stay...
Taken the following short swing trade on US 30 Entry 38956 TP 38900 SL 38990 Got a little squeeze while in the trade as we traded through the LTF buyside liquidity trapping the bulls before heading lower (red line)...as you can see we respected it and might have traded one point beyond it. Taken some profits at 38920 and taken out at breakeven. As you can see...
New World Capital - Article 8 Another manipulation is about to happen on US30 anytime now. Our bias on it is bullish for the year. However, trends develop in V shaped recoveries. We expect to buy at a lower price around $38,600 - $38,400 FOREXCOM:US30 Buy US30 @$38400 - $38600 TP@ $39100 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+
Despite the cluttered chart I think we have a Fib confluence area build around two common harmonic patterns - Gartley 222 (Redish area) and the Cypher (Blue area). Whether you sold the 88% retracement ()In the CYpher scenario or the 78% retracement ()the Gartley scenarioI think we have a good scenario for a short trade. Protecting stop at 1 to 1 then and aiming...
Le quotazioni dei principali indici di Borsa USA ed europei hanno registrato una seduta caratterizzata da segni misti. Oggi l’attenzione degli investitori sarà rivolta alla riunione di politica monetaria della Bank of England. Il mercato si aspetta che la BoE mantenga i tassi stabili al 5,25% per la sesta volta consecutiva. La BoE si trova di fronte a un enigma,...
I’d like to see us grab liquidity, below the bullish momentum from yesterday’s FOMC session which caused a surge in price on US30, I believe big player will drive price down to grab liquidity. Looking for longs at around 37600-37550
After the conclusion of yesterday's FOMC meeting, the US30 index initially experienced a bullish surge, only to retrace back to its pre-announcement levels shortly thereafter. Within this movement, a notable observation was the emergence of a Fibonacci Volume Gap (FVG) area, particularly evident around the 50% retracement level of the preceding bullish impulse....
DJ30 is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci projection. A rejection from this level could indicate a double top pattern which could lead to price drop. Entry: 38611.96 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci projection. Stop loss: 39089.65 Why we...
US30 just grabbed liquidity at 37740 level am expecting a breakouts from that zone till we take out the 37701 then am going in on a long sell till 37001 is completed join and enjoy tell us what you think......?
Dow Jones: Assessing Resistance and Serious Supply at 39K Performing a technical analysis of the Dow Jones index shows a critical point as the price approaches the 39K mark. While signs of the necessary strength to continue the price rise can be discerned on the chart, the delicate balance between buyer and seller dynamics underscores the need for a cautious...
Looking to see how we react to the 5min inverted FVG (red box). IF we fail to close outside of it (clear candle close) I will look to short targeting the sellside liquidity. IF we create new high it will be a breakaway gap for further upside. No need to front run the market...PLAN...WAIT...EXECUTE Stay safe and never risk more than 1-5% of your capital per...