The price has retraced past the previous swing low of 29653.29 on the H4 chart. Due to several Fibonacci lines intersecting around 31268, which provides confluence to that place for take profit, I predict price to tap there after the strong bullish advance from October 3rd 2022. At the 29647.79 level, where there is a market gap that needs to be filled and where...
What a start to the week and month we are seeing so far, traders. So far, buyers have added 5.52% to the US30, taking prices back to levels not seen since last month. Yes, it is great to see, but should we start thinking bottom? The UN is warning that we could see a global recession, with developing nations possibly seeing the brunt of the hurt. JP Morgan is...
Got stopped out because my SL was in profit. Took my money and went to bed, not a fan of overnight trades because broker🤣🤣🤣🤣🤣
Good Day, Hello Traders, DJI looks bullish for very short term, if it corsses 31030 and sustains above it for a week , then we can see a reversal. However broadly picture looks gloomy as the world fears recession as this is been sold all across the media. Disclaimer : I am not SEBI registered analyst, this is for educational purposes. Please trade as per your...
The Dow is disgusting, it continues to lead the market to the downside week after week, which is not a solid sign for the overall economy. After the clear break of 30000, targets were 29500/29000/28500/& 28000. The first two targets have been realized already, and 28500/28000 are next. Considering just how ugly the selling has been, expect these targets to be hit...
comment so we can discuss more Nas 100 and us30 shall respect the above set up or im quitting
Move SL to BE. It took me time to get into the market this week, my day to day job took all of my energy so I wasn't in the correct frame of mind to open the markets.
Using the FIB we should see a retracement to our 50% FIB before the buys continue
It looks like we going long & breaked the pattern we waiting for proper confirmation for the break out pulled to our first zone now we waiting for confirmation
The markets can stay in this range for a while until a real catalyst shows up. Soon the earnings season will arrive.
We've had a very strong rally last week after Powell announced that interest rates is the highest its ever been in the last 40 years ! With this fundamental fact it would be easy to call that we should see US30 in a downtrend for quite sometime. The only thing is ...we need the price action to tell us when it will happen. Clearly, it was not last week ! So the...
The plan here is straightforward - much like EURUSD. Daily Supply has been violated, now we wait for price to retrace and enter longs all the way to the weekly supply zone. Good luck :)
Dow Jones broke the red zone it means the direction will be upward to touch 30053 and 30220 but if can stable under 29640 then will be downtrend
Hello,Friends! In this market situation, I am looking at multiple indicators And I can see bullish momentum accumulating on the pair right now This setiment makes me bullish biased and I am considering a long! Like and subscribe and comment my ideas if you enjoy them!
Bullish daily bias. Distribution continuation trade setup, pullback to key level + 15 min demand zone. 1m bullish price action.
Us30 has shown Bullish strength at the beginning of the week US30 is in a overall bearish trend It shows a Reversal pattern giving a second confluence to the buys We have a 4h CHoCH(Change of Character) I put buy Stops a couple of pips higher than the current high, Increase our RR
Hello traders! ⁉️This is my analysis on US30 . Here we are in a bearish market structure, so I am looking only for shorts. I expect price to continue the retracement to fill that huge imbalance above and to reject from bearish orderblock. Like, comment and subscribe to be in touch with my content!
US30 UPDATE The DOW is coming into an area of interest for me - after yesterdays rally which came from the news of the Emergency FED meeting. Market Participants clearly priced in a potential Pivot from the FED following the Move made by the BOE last week. Now we can see stops have been removed above the highs and buyers trapped back into the market - this...