OHLC Statistical Mapping <3Played out beautifuly, the second scenario where opposing manipulation turns to resistance from support. target was simply -distribution.
Dowjones
Do you think we might see a fall in the US30?
By closing a one-hour candle below the entry point (orange line), we can see a drop.
I think the target points can be much more than these. We will move forward together step by step.
If you like my analysis, follow me
DowJones Polar Bear!!According to the linked previous analysis, price touched specified range and the shadow was as expected (a little more than expected) and then the Bearish trend started.
I see #dowjones as a wild polar BEAR.
Bearish trend will continue with swings and corrections.
will be updated...
Hellena | DJI (4H): Long to resistance area 41680 (Wave 5).Dear Colleagues, I believe that the price is still in an upward movement. At the moment, the higher order wave “4” is finishing forming. Either it has finished forming, or it will renew the minimum in the support area of 40071. After that I expect the continuation of the movement in the wave of higher order “5”. So I expect the price at the level of the maximum of the wave “3” 41680.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
US30 BuyTrade Plan:
Entry Level(Buy Limit): 40836.86
Stop Loss Level: 40300.00
Take Profit Level 1: 41344.00
Take Profit Level 2: 41910.58
Reasons for bullish bias:
- Simple DOW theory
- No divergence
- Entry at trendline plus 0.5 Fib level
YM OHLC Stat Map <3-Manipulation was broken and turned from resistance to support, target was simply +distribution because I was bullish
Expect an upward correction for the Dow JonesIt seems that we have an upward correction ahead for the Dow Jones index. This rise can occur from the current areas or a little lower and from the overlapping range of the previously broken ceiling in the daily time frame and EMA20 of the same time frame. The purpose of this rise of the Dow Jones index can be the purple box in the first step. And in the final step up to about 41,000
US30 Outlook ICT ConceptsDow Jones Industrial Average (US30) Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on US30, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
💡 Previous Analysis Review:
The price has swept the previous month high (PMH) and the buy-side liquidity (BSL) above it, placing it in a deep premium.
📍 Current Market Overview:
The current price is around 40,920.69. The price has swept the previous week low (PWL) and tapped into the 4-hour Fair Value Gap (FVG).
🔍 Identifying Key Levels:
• PMH: Previous Month High
• PWL: Previous Week Low
• PWH: Previous Week High
• PML: Previous Month Low
• BSL: Buy-Side Liquidity
• SSL: Sell-Side Liquidity
• EQH: Equal Highs
• EQL: Equal Lows
• FVG: Fair Value Gap, highlighting areas of imbalance
📊 Key Considerations:
• Current Price Position: The price is trading around 40,920.69, after sweeping the PMH and BSL, and now in a deep premium.
• PWL and 4H FVG Interaction: The price has swept the PWL and tapped into the 4H FVG, also aligning with the Optimal Trade Entry (OTE) levels.
• OTE Levels: The current price is within the OTE levels, suggesting a potential lower movement.
📈 Bearish Scenario:
Given the current price action and key considerations, a bearish scenario is possible if the following conditions are met:
Target SSL and FVG Below: The price can be expected to go lower from here, targeting the SSL and the FVG below it, or even the PWL, which is close to the equilibrium (50%) of the range.
📉 Bullish Scenario:
A bullish scenario should be considered if the following conditions are met:
Clearing Sell-Side Liquidity: For any bullish scenario and long positions, we need the sell side of the chart to be cleared from liquidity. Once the liquidity is cleared, we can then decide on potential long positions.
📊 Chart Analysis Summary:
Bearish Expectation: The expectation is for the price to potentially move lower, targeting the SSL and the FVG below it, or even the PWL, which is close to the equilibrium (50%) of the range.
Bullish Expectation: For a bullish scenario, we need the sell side of the chart to be cleared from liquidity. After the liquidity is cleared, we can consider long positions.
🙏 Thank you for joining us!
Exploring US30 today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
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The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
Dow Jones Index (US30): Intraday Bullish Signal?!
Update for the yesterday's setup on US30.
Earlier, we spotted a confirmed breakout of a key daily resistance.
After that, the market retested the broken structure and started to
consolidate within a narrow range on a 4H time frame.
The resistance of the range was broken this morning.
It is a strong intraday bullish signal.
Growth may continue to 21250
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DOW JONES - NEW BREAKOUT !Hello Traders !
On the daily time frame, The DOW JONES reached a strong support level (39765.00 - 40094.00) and failed to break it !
The last lower high is broken (Change of Character).
So, I expect a bullish move 🚀
______________
TARGET: 41250.00🎯
Dow Jones - The Next Bull Run Is ImminentThe time has come: the next bull run in the Dow is about to begin.
The reasons for our bullish assessment can be found in the notes in the chart.
D JonesDowjones broke above flag n pole pattern on an hourly charts & consistently trading above it.
Could be bought with mentioned stoploss & targets.
Elliott Wave Analysis: Dow Futures (YM) Resumes Bullish TrendShort Term Elliott Wave View in E-Mini Dow Jones Futures (YM) suggests the trend should continue higher within the sequence started from April-2024 low as the part of daily sequence. It favors upside in wave 5 of (5) since 18-April, 2024 low, while dips remain above 40053 low. Since April-2024 low of (4), it placed 1 at 40213 high, 2 at 38111 low as dip pullback and 3 at 41672 high. It ended 4 as clear 3 swing zigzag pullback at 40053 low and favors upside in 5, which confirms above 41672 high to avoid any double correction, if breaks below 40053 low. Within 4 correction, it placed ((a)) at 40466 low, ((b)) at 40795 high and ((c)) at 40053 low, which missed the equal leg areas in 4 before resume higher.
Above 4 low, it placed ((i)) of 5 at 41051 high and favors corrective pullback in ((ii)), which should remain above 40053 low to extend higher in ((iii)). Within ((i)), it placed (i) at 40685 high, (ii) at 40158 low, (iii) at 41029 high, (iv) at 40863 low and finally (v) at 41051 high as ((i)). It placed (a) of ((ii)) at 40606 low and favors bounce in (b) before turning lower in (c) to finish ((ii)). As long as it stays above 40053 low, it should resume higher in 5 and can extend towards 42052 – 42671 area to finish the impulse started from April-2024 low before correcting lower. Alternatively, if it breaks below 40053 low, it can do double correction towards 39432 or lower levels before it should turn higher.
US30 H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 40,847.13, which is an overlap resistance close to 61.8% Fibo retracement.
Our take profit will be at 40,150.54, an overlap support level.
The stop loss will be placed at 41,362.20, which is a swing-high resistance level.
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US30 Is Approaching The Main TrendHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 39800 zone, US30 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 39800 support and resistance area.
Trade safe, Joe.
DOWJONES RoadmapHi, this is roadmap of dow jones that describe that price can raise t ~ 41016 which can touch
~41120 by shadow. after that the price will prepare for bearish trend and create a very nice trigger area for short position by an excellent R/R.
GOOD LUCK
Risk tolerance is increasing in the market
By examining the trend in the daily time frame, the Dow Jones index, having an important support interval in the range of 40348-40078, can increase up to the resistance of the previous ceiling in the range of 41360.
OHLC Statistical Mapping-manipulation got my attention when I am bullish and I targeted -Distribution. Simple bread & butter model on YM which presents nearly every day.
DOW JONES Correction isn't over yet. See where to buy.The Dow Jones Industrial Average Index (DJIA) made initially a direct hit on our July 05 (see 1st chart below) 41000 Target and following the rejection then, is on its way of hitting the 39200 downside Target (July 17, 2nd chart below) as well:
Zooming out to the long-term pattern again after a while, we can still see that the dominant technical structure is a Channel Up that first started on the September 30 2022 inflation crisis bottom.
On the more medium-term, we can isolate a (dashed) Channel Up that started on the April 19 2024 Low. It appears that the current correction is technically its new Bearish Leg. Symmetrically, we should be expecting the new Higher Low to make contact with the 1D MA50 (blue trend-line). That is our first buy entry.
The second is just below the 0.5 Fibonacci Channel level, which can potentially make near contact with the 1D MA200 (orange trend-line), a strong long-term Support. That scenario is drawn based on the October 27 2023 bottom which was after a symmetrical correction (-9.25%) with the March 20 2023 bottom. Similarly, the current Bearish Leg could be symmetrical (-6.84%) with the correction that led to the April 18 2024 Low.
For both buy entries, our new long-term Target will be 42400 (Higher High on the medium-term Channel Up).
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US30 - Bearish Momentum Amid Anticipated GDP Data ReleaseTechnical Analysis: US30
Current Outlook:
The price is in a strong bearish trend, with potential targets at 39575 and 39400, particularly if the GDP data exceeds expectations.
Bullish Scenario:
To establish a bullish trend, the price must stabilize above 40060, aiming for 40270 and 40420. An uptrend movement will be likely if the GDP results are lower than expected by approximately 1.4% to 1.6%.
Bearish Scenario:
As long as the price trades below 40060, the bearish trend will persist. For a more precise bearish outlook, the price should stabilize below 39780, targeting 39575 and 39400.
Key Levels:
- Pivot Line: 39945
- Resistance Levels: 40060, 40250, 40420
- Support Levels: 39780, 39575, 39400
Today's Expected Range:
The price is expected to fluctuate between the support at 39400 and the resistance at 40420.
previous idea:
US30 ( BREAKOUT CHANNEL ) (4H)US30
HELLO TRADERS
Tendency , the price is under bearish pressure , after breakout channel .
TURNING LEVEL : the price of turning level around 40,300 , so if the price breaking this level reach a first resistance level , as long as price trading below this level reach a first support level .
RESISTANCE LEVEL (1) : this level around 40,674, for reach this resistance the price it will be breaking turning level .
RESISTANCE LEVEL (2) : around 41,019 , for reach this level it will be breaking by open 4h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 39,861 , for reach this support level the price need stabilizing below a turning level .
SUPPORT LEVEL (2) : support level at 39,469, for reach this level the price will be breaking by open 1h or 4h candle below support level (1) .
CORRECTIVE : the price may be corrective turning level at 40,300 , before drooping .
TARGET LEVEL :
RESISTANCE LEVEL :0.63 , 0.67 .
SUPPORT LEVEL : 0.57 ,0.54 .
US500 / S&P 500 Money Heist Plan in Bearish sideMy Dear Robbers / Traders,
This is our master plan to Heist US500 / S&P 500 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 2h timeframe
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Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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WEEKLY FOREX FORECAST July 22-26th: OIL INDICES GOLD SILVERThis is Part 1 of the Weekly Forex Forecast JuLY 22 - 26th
In this video, we will cover:
S&P500 NASDAQ DOW GOLD SILVER US OIL UK OIL
Enjoy!
May profits be upon you.
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