Analysis: Currently, US30 is BEARISH. With US30 performing a text-book Break and re-test of the area of price structure ranging between $38,050 - $37,900. Its at the area of price structure that the Market has to demonstrate price rejection to continue my "BEARISH" bias. Enter accordingly: SL Stop: 1% Entry: TP Take Profit: 3%
Bullish range , possible entries to scalp, anticipating price to move in premium on HTF
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
US30 beautiful areas of re-distribution for bearish continuations.
US30 headed to 1.618 extension. clear price action present. 1st target at support 2nd target at 1.618 fib extension
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...
due to on going conflict and certain a.i running things to the upside for me on us30
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...
The fractal pattern on the charts is nearly identical, and after the crash we saw today in the crypto markets, this could be a precursor of what's about to happen in the Equities, and Futures Markets. I would be very cautious right now! I'm completely out of the market, with the exception of long-term crypto holdings. Good luck, and run a tight stop-loss!
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.
Dow Jones is almost oversold on its 1D technical outlook (RSI = 31.431, MACD = -279.330, ADX = 39.462) and is approaching our TP = 37,300 that we called nearly one month ago. The target will be a direct hit at the middle of the long term Channel Up and approach the 0.382 Fibonacci. As long as the 1D MA200 supports, we will then reverse to buying, at least on the...
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...
weekly supply is down. daily supply is down. 4h supply is down. were looking for opportunity to go short. our nearest option is this 1h supply. drop base drop with 1 erc , 1:3 move away and consolidation away within our trend. take profit can be much lower as I expect the down trend to continue
A very sharp divergence has formed in the daily time frame. I said before, we need to see a deeper correction.
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.
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...
Pair : Dow Jones - DJI Description : Bearish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Completed " 123 " Impulsive Waves Support Level
DJIA (US30) is exhibiting strong bearish momentum and could potentially extend this current downtrend. Sell entry is at 37,770.60 which is a potential breakout level ( wait for 1-hour candle to close below 37,770.62 for confirmation ). Stop loss is at 38,100.00 which is a level that sits above a pullback resistance. Take profit is at 37,175.41 which is a...