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...
V2 - Scalping opportunity for a buy at this moment before the current hour closes. If price hits strike zone before the 8AM CST 1HR candle closes, then enter a buy
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...
- firstly i want to explain what is US30, you can google it : - US30 is a stock market index designed to measure the performance of 30 large industrial companies based on the average stock price of the components "during a specified period". - So basically...when u have a Top30, if one company fail, this company is replaced by number 31. - it's same in football...
We do not expect the FOMC to change the federal funds rate or alter its current pace of balance sheet runoff at its upcoming meeting on March 19-20. Since the Committee last met, the U.S. inflation data have come in a bit stronger than expected, while the labor market generally has remained resilient. With payroll growth still solid and inflation proving to be a...
Will we have a sweep above 39280 and continue the bearish run or will we see a bullish continuation here? I'm leaning more onto the bearish side of things but price action has all the answers we will need. I will be waiting for NY session. Trade safe and use proper risk management!
The DJIA Index (US30) could fall towards a pullback support at 38,151.50 which has been identified as a pivot point. Could price potentially reverse around this level to bounce higher? Pivot: 38,151.50 Support: 37,093.60 Resistance: 39,303.36 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
This analysis took 3 hours. The calculation is very accurate. The green lines are resistance points and react to their own conditions or continue the trend. This analysis was made using only the strategy and no tools were used in it. No lines. The process without static dynamic without Elliott or whatever you think. Whether you like it or upset it will happen....
As expected, once we saw price trading below 38800 we got the bearish move to continue down to test the 38500. After seeing a lot of back and fourth movement price came back down to test 38500 again creating a double bottom, which is an indication of a potential reversal which we saw pushing price back to 38800. After the CPI data came out the volatility showed...
It just moved and breaks out the resistance zone . Aiming for a new higher high. Go in long for this week guys.
Combination of two strategies. If it is important, I will warn you...The sensitive range for closing buying deals and accuracy in selling... this is only a theory and not a signal. If you are of the same mind, you can do it. like!
The Price is normally rejected from an order block from previous high, the possible trade Idea is based in intraday levels, now market will come to the support before rising
"According to what we see, a downtrend structure formed over 3 weeks, where we observe that the institution seeks to buy on Wednesday and Thursday to recover from the declines. These prices, where one can buy, are seen in liquidity zones from previous weeks, months, or even years. Therefore, there is a possibility of taking purchases in this zone, but for it to...
Good day everyone We are looking to go Short for the (short term)as we can see by previous data since OCT 22-DEC22 the market has moved 22% up and the pullbacks measure around 10-9% .Current market price sitting @21,8% ,Daily chart showing reversal signs/exhaustion of bullish trend,end of Q1 mark tends to reverse trend.we got untested daily highs @3695,51 &...
After some volatility, an upswing to the previous ceiling range is expected. Then, according to the behavior of the price in this range, the continuation of the upward trend will be probable If the index crosses the support range, the downward trend is likely to continue
V3 - A new range has formed. I am not liking any trades at the moment. Price went high today with no retracement. So we can see a small correction before returning to the upside. There is a lot smaller TP structure that can make sells risky. This is just a chart showing current structure