US30US30 is looking in Bearish Trend as it is printing HH and HL Order type : Buy stop Entry : 38574.62 SL : 38233.57 TP1 : 39456.99Longby SohailChaudharyUpdated 7
US30 (4H)US30 - Tendency : Price takes bearish direction between 38,740 _ 38,850 - Turning level : The turning level between 38,740 _ 38,850 where price has now stabilized at the bottom - resistance level : Breaking the turning level 38,740 _ 38,850 , the price will rise to 39,005 and 39,185 - support level : the price stabilizing below 38,850 the price will reach the support level of38,530 and 38,310 - corrective level : price will attempt between 38,740 _ 38,850 to correct itself before fallingUShortby ArinaKarayi7
US30 / DOW JONES TP HITUs30 TP hit successfully 🙌 RR 1:2 ration analysis has been released TP near to hit with 180 pips Perfect analysis perfect entryShortby DNA_Trader_Officials228
US30 US30 Tendency the price is a long pressure in between 38,405 and 38,310 Turning level : The turning level between 38,405 and 38,310 so as long as the price above this level, there will be a bullish trend resistance level : trade above turning level between 38,405 and 38,310 , the price will rise to 38,745 and 38,930 support level : braking a turning level 38,310 the price will reach the support level of 37,940 and 37,720 corrective level : price will attempt between 38,405 and 38,310, correct itself before long ULongby ArinaKarayi4
Latest analysis and advice! I hope it worked for youHello, trader, Wave 2 purple (Cycle Degree) has been completed at 38019.06 as Running Flat and get ready to move up to Wave 3 (Cycle Degree). Now price has been completed Wave 1 blue (Intermediate Degree) as Leading Diagonal and declined to Wave 2 blue as the expect target at Fibonacci Level (0.50-0.786) Invalidation Point: 38019.06 Trading Opportunity: Wait for Wave 2 blue (Intermediate Degree) complete as the expect target above mentions.by Serrano-DaveyUpdated 3
Dow Jones buyUs30 buy side momentum continuation overall structure represents long side Lets move buy side 🤪 Trail SL every 30 pips 1:2 RRLongby DNA_Trader_Officials2
Head and shoulders on US30 ??Maybe short time on us30 ? excellent opportunity to short us30. the shape of the head and shoulders is developing nicelyShortby crosdev3
US30Key Observations: 1. Moving Averages (200 MA and 50 MA): • 200 MA (Blue Line): The price is currently near the 200 MA, which could act as dynamic support or resistance. • 50 MA (Yellow Line): The price is slightly above the 50 MA, indicating a short-term bullish trend. 2. Relative Strength Index (RSI): • The RSI is around the 50 level, indicating neutral conditions. This suggests that the market could move in either direction from this point. 3. MACD (Moving Average Convergence Divergence): • The MACD line is above the signal line, but the histogram shows decreasing bullish momentum. This indicates a potential slowdown in the uptrend. 4. Bollinger Bands: • The price is near the upper Bollinger Band, indicating that it might be overbought. This often suggests a potential pullback to the middle band (20 MA) or lower band. 5. Fibonacci Retracement Levels: • 0.236 (39,026.2), 0.382 (38,783.9), 0.5 (38,641.1), 0.618 (38,498.3), 0.786 (38,282.5): • The price is near the 0.236 Fibonacci level (39,026.2), which could act as resistance. The other levels serve as potential support if the price retraces. 6. ATR (Average True Range): • The ATR indicates moderate volatility. This suggests that while there might be significant price movements, they are not extreme. Comprehensive Technical Analysis: 1. Current Trend: • The short-term trend is slightly bullish as indicated by the price above the 50 MA. However, the proximity to the 200 MA suggests caution as the overall trend could be neutral to bearish if the price fails to sustain above the 200 MA. 2. Neutral RSI: • The RSI around 50 indicates no strong momentum in either direction, suggesting potential consolidation or a balanced market. 3. Key Support and Resistance Levels: • Resistance: 0.236 Fibonacci level (39,026.2) and potentially the upper Bollinger Band. • Support: 0.382 Fibonacci level (38,783.9), 0.5 Fibonacci level (38,641.1), and 0.618 Fibonacci level (38,498.3). 4. Momentum Analysis: • The MACD indicates bullish momentum, but the decreasing histogram suggests a potential weakening. This requires monitoring for signs of a bearish crossover. Potential Buy and Sell Levels: Buy Levels: 1. Support at 0.382 Fibonacci Level (38,783.9): • If the price finds support around this level and shows bullish reversal signals, consider entering a buy position. • Buy Level: 38,783.9 • Stop Loss: Below 38,700.0 (just below the support level to avoid false breaks) • Take Profit: First target at 39,026.2 (0.236 Fibonacci level) and second target at 39,200.0 (previous swing high) 2. Lower Bollinger Band Area: • Consider buying near the lower Bollinger Band for a short-term rebound. • Buy Level: Around 38,600.0 (if the lower Bollinger Band is around this level) • Stop Loss: Below 38,500.0 (to account for potential volatility) • Take Profit: Middle Bollinger Band (approximately 38,900.0) Sell Levels: 1. Resistance at 0.236 Fibonacci Level (39,026.2): • If the price rebounds to this level and faces resistance, consider entering a sell position. • Sell Level: 39,026.2 • Stop Loss: Above 39,100.0 (just above the resistance level) • Take Profit: First target at 38,783.9 (0.382 Fibonacci level) and second target at 38,641.1 (0.5 Fibonacci level) 2. Middle Bollinger Band Area: • If the price fails to sustain above the middle Bollinger Band, consider entering a sell position. • Sell Level: Around 38,850.0 (if the middle Bollinger Band is around this level) • Stop Loss: Above 38,950.0 (just above the middle Bollinger Band) • Take Profit: First target at 38,600.0 (lower Bollinger Band) and second target at 38,500.0 Summary: • Buy Levels: • 38,783.9 (with stop loss below 38,700.0 and take profit at 39,026.2 and 39,200.0) • Around 38,600.0 (with stop loss below 38,500.0 and take profit at 38,900.0) • Sell Levels: • 39,026.2 (with stop loss above 39,100.0 and take profit at 38,783.9 and 38,641.1) • Around 38,850.0 (with stop loss above 38,950.0 and take profit at 38,600.0 and 38,500.0)by KironKavanagh2
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!Trade Update: US30 We have some great news on our recent US30 trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 1 (TP1). This made sure that the majority of our positions have been secured and cashed out some of our gains, allowing us to lock in profits and reduce risk. Following this, we moved our stop loss to breakeven to ensure no loss on the remaining position. This strategy not only protects our capital but also gives us the opportunity to capture further potential gains with zero risk on the table and cashing out on TP2s and TP3s. Stay tuned for more updates and happy trading! 🚀Shortby TTradessss4
long ideamomentum built up and price is likely to shoot up on us open, great risk to reward ratio Longby Khalidd933
looking at bull marketGiven the rally of the other two US indices breaking the recently formed highs and the weakness in the DXY index we will be looking at taking longs on the LTF demand zone and targeting the all time high just to take out all the late seller located area our demand area. by cpointfx3
US 30 Sell idea.US30- Dow Jones. As per my analysis. its seems US30 is going to mitigate FVG residing around 37000-36500 region and from there it could be potential longs.Shortby HamzaGillani3
US30 possible long for 38970accumulation phase around 38150-38800 in 1 hour time frame. demand zone for long 38150-38080, stop loss: 37990, target: 39970Longby PyramidFx6
Next week's latest trend analysis and advice!Hello, trader. Tendency the price is a short pressure in 39,120 Turning level : The turning level in 39,120, so as long as the price under this level, there will bea bearish trend, the turning level in 39,120, so as long as the price under this level, there will bea bearish trend, but braking in 39,120, the price comes bullish pressure resistance level: breaking turning level in 39,120, the price will rise to 39,500 and 39,904. Resistance level: Breaking turning level in 39,120, the price will rise to 39,500 and 39,904 support level: trade under 39,120, the price will reach the support level of 38,564. Support level: Trade under 39,120, the price will reach the support level of 38,564 and 38,281 corrective level: price will attempt in 39,120 to correct itself before declineby Future-transactionUpdated 2
US30 ( ADP _ ISM )US30 Tendency the price is a long pressure in between 38,680 and 38,560 Turning level : The turning level between 38,680 and 38,560 so as long as the price above this level, there will be a bullish trend resistance level : trade above turning level between 38,680 and 38,560 , the price will rise to 39,015 and 39,185 support level : braking a turning level 38,560, the price will reach the support level of 38,280 and 37,940 corrective level : price will attempt between 38,680 and 38,560 , correct itself before long ULongby ArinaKarayi3
US30 (Sensitive movements)Technical Analysis The price movement will be influenced by the Non-Farm Payroll (NFP) and Unemployment rates. Based on current expectations, the price is likely to exhibit a downtrend, though the market may experience random fluctuations. There is a possibility for a retest up to 38,790, followed by an upward push towards 39,050. Bearish Scenario: If the price breaks below the support level at 38790, it could decline to 38580. Sustained trading below this level may lead to a further drop to 38400. Bullish Scenario: Stability above 38,790 indicates a potential bullish trend, targeting 39,050. Pivot Line: 38790 Resistance Levels: 39050, 39350, 39700 Support Levels: 38580, 38400, 38290 Today's expected movement range is between the support level at 38400 and the resistance level at 39350 Summary: Downtrend Expected: Market influenced by NFP and Unemployment rates. Potential Retest: Price may rise to 38,790. Upward Movement : Post-retest, the price could push up to 39,050. previous idea: Shortby SroshMayi3
US30 06+06+2024 The Probable FallThis is an overall view of the trader H4Hubert. As shown, US30 showing weakness to go higher. Let's see what happens.Short03:40by highlybrilliantllc2
US30 CONTINUATION Let's not get too eagar I have two positions in, no stop loss. Us30 can easily hunt your sl from 500 points away. Think long term only enter after retracements. The idea can still fail..Longby la_benz2
US 30 long - scalp trade Taken a nice scalp long on US 30. Entry 38541 TP 38600 SL 38515 As long as we hold the FVG expect us to continue higher towards 38660 IF we fail to hold this will be an inverted FVG sending prices towards the HTF sellside (back into the yellow box) Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Longby Patrick27072
US30 longMonthly; [/b ]There is no clear thesis. Price could go up or down. Price has not retested the previous all time high. However, that is because it came across a high liquidity area on the weekly. Weekly; There are two thing worth noting on the weekly. One is that price has formed a three pin pattern which might indicate that price is headed downwards Second, is that the previous week's candle closed above a buy liquidity region at 38,500 and price may be headed upwards. Currently price looks as if it will close above the 38,500 level and continue upwards. To get a clear thesis of what is going on, I will have to go to lower timeframes. Daily; Monday's candlestick is pretty indecisive. Two things are happening here. One, price did not close above 38,630 level which would indicate that price is headed upwards. Secondly, price has not given a convincing closure below 38,560 which would indicate that price is headed downwards. Hence, there is no clear thesis on the daily and hence lower timeframe will give a better overall depiction as to where price is headed towards 4 hour; New York session saw a lot of sell orders from 38,800 to 38,250. From 38,250, we saw that price gained a rush of bullish momentum and it managed to close well above 38,450. At the time of posting this, price is showing that it is headed upwards, however, orders are not enough to take it there. I am waiting for a retest of 38,450 before we go upwards to 38,665 The target is 38,665. This is the target of the -27.2 fib level which is usually a high probability setup. Moreover, if price closes above 38,800 which is Monday's high, then it is headed to 39,023.5 Longby kingmwenjaUpdated 2
Dow JonesOverview The chart for the Dow Jones Industrial Average (DJIA) on the 1-hour timeframe shows notable movements with the price interacting with key Fibonacci levels, support, and resistance zones. The indicators used include Moving Averages, Bollinger Bands, Commodity Channel Index (CCI), MACD, Stochastic Oscillator, and Support and Resistance levels. Key Observations 1. Moving Averages (200 MA and 50 MA): • 200 MA (Green Line): The price is currently above the 200 MA, indicating a bullish long-term trend. • 50 MA (Red Line): The price is also above the 50 MA, suggesting short-term bullish sentiment but with potential for correction as the price recently broke below it. 2. Bollinger Bands: • The price is near the lower Bollinger Band, indicating potential oversold conditions in the short term. This often suggests a potential for a mean reversion back to the middle band (20 MA). 3. Commodity Channel Index (CCI): • The CCI is likely below -100, indicating oversold conditions. This suggests a potential for a short-term rebound or consolidation. 4. MACD (Moving Average Convergence Divergence): • The MACD line is below the signal line, and the histogram is showing negative values, indicating bearish momentum. 5. Stochastic Oscillator: • The Stochastic Oscillator is below 20, indicating oversold conditions. This suggests that a rebound may be imminent. 6. Fibonacci Retracement Levels: • Key Fibonacci levels are plotted from the recent low at 38,366 to the recent high at 39,115.4. • 0.236 (38,880.8), 0.382 (38,703.9), 0.5 (38,576.0), 0.618 (38,448.7), 0.786 (38,267.4) 7. Support and Resistance Levels: • Resistance Zones: Significant resistance is seen around 39,115 and higher. • Support Zones: The recent low at 38,366 and significant Fibonacci levels act as support. Comprehensive Technical Analysis 1. Current Trend: • The long-term trend remains bullish as the price is above the 200 MA. However, the short-term trend shows potential bearish corrections as indicated by the break below the 50 MA. 2. Oversold Conditions: • The CCI below -100, the Stochastic Oscillator below 20, and the price position near the lower Bollinger Band indicate that the market is currently oversold. This suggests a potential for a short-term rebound or consolidation. 3. Volume: • Increased volume during the recent decline indicates strong selling pressure, but this could also lead to short-term exhaustion, potentially triggering a rebound. 4. Key Support and Resistance Levels: • Resistance: Significant resistance levels are at 39,115 and above. • Support: The recent low at 38,366 and Fibonacci levels (38,880, 38,703, 38,576, 38,448, 38,267) act as support. 5. Momentum Analysis: • The MACD indicates bearish momentum, but the oversold conditions in the CCI and Stochastic suggest this might not last long without a correction. Best Trade Opportunity Given the current market conditions, the best trade opportunity appears to be a short-term buy trade to take advantage of the oversold conditions and potential for a rebound. Trade Setup: • Buy Level: Around 38,791 (current level near the 0.236 Fibonacci level and lower Bollinger Band) • Stop Loss: Below 38,576 (to account for potential further downside, just below the 0.5 Fibonacci level) • Take Profit: • First target: 39,115 (recent high) • Second target: 39,200 (above significant resistance level) Trade Rationale: • Oversold Indicators: The Stochastic Oscillator and CCI both suggest that the market is oversold and due for a potential rebound. • Fibonacci Support: The price near the 0.236 Fibonacci level indicates potential support. • Risk-Reward Ratio: Entering a buy position near 38,791 offers a favorable risk-reward ratio, especially with a tight stop loss below the 0.5 Fibonacci level. • Volume Consideration: Increased volume during the recent decline indicates potential exhaustion, which might lead to a short-term rebound. Summary • Buy Opportunity: Enter at 38,791 with a stop loss below 38,576. • Targets: 39,115 (first target) and 39,200 (second target). • Rationale: The market shows potential for a rebound given the oversold conditions indicated by the Stochastic Oscillator, CCI, and support around the Fibonacci levels. by KironKavanagh2
Buy US30 at Blue Lines Break out structure, also trendline has been broken. Market is going to fill up the trend line Longby BlueAreaInvestments2