The Dow Jones is trying to activate the bullish trackThe index price took advantage of the stochastic rally above 50 to gain new positive momentum, thus forming some bullish waves and settling near 33215, to confirm the price’s attempt to restore the bullish bias, as this initially requires jumping above the moving average 55, which is stable at 33406, and if it holds above this obstacle, it will succeed in reaching Towards the level of 33587, which in turn formed a strong barrier against the recent bullish attempts.
From the above, we recommend observing the price's behavior and waiting for it to achieve the required breach in order to avoid any losses that may result from postponing the bullish attempts to provide an opportunity for the price to fall again towards 32905 before recording any new positive target.
The expected trading range is between 33050 and 33510
The expected general tendency for today: bullish by fulfilling the condition
Us30long
US30 Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
US 30 Bullish US 30 Bullish with Targets 33700 and 34900
Cup and Handle Pattern 4hourly Timeframe with Target 33700
DJI looking for upside resumptionGood morning all!
I'll be breef as I the count kind of speaks for itself. It looks like we are ready to resume higher into wave 3 as we are looking at what appears to be a clear three wave move into wave 2.
It looks like TECH will be giving a break and VALUE will come back strong into sector rotation.
CHECK OUT my previous post on the NASDAQ which played out perfectly, let's see if this post will have the same faith.
Feel free to ASK me questions in the comments.
Enjoy the weekend and trade safe!
US30 outlookhad a nice retest of the demand area made a move up if that 33500 level holds we can see a nice down move towards the 33200 level and so on
DOW JONES Break down analysis 22/05/2023 dear traders dow jones has moved from weekly chart to the opposite way so as you can see in the chart you should look for buy and sell from the key level wait always for price action and good luck
US30 Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
potential buy option for US30 with a bullish trend and after it have made a retracement as a triangle it will be a good potential for a buy option after breaking that high
US30 - Low Risk LONG 1:7 RRDear trader this is not financial advice is just my own analysis. Follow the Sell Area and always use SL.
US30 Made Inverted H&S,Still Not Confirmed , When We Can Buy ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
us30 break the FVG that was also the 50% fib retracement lvl us30 break the FVG which was also the 50% fib retracement level, so just wait for confirmation at 5 min to enter a long and make sure to take profit at the liquidity grab area that is shown in the snap.
happy trading everyone, and please trade on ur own responsibility :)
US30 Possible buy zone!!instruments : US30
Possible direction : Bullish
Technical Analysis : US30 currently on the previous support zone. Weekly perspective this instruments has created a bullish pin bar with multiple time liquidity grabbed. Once market opened, we have seen a drop to again previous resistance turn support ( Order block). Once rejected, price may rise to the resistance zone as the price is following a predictable channel. Upon rejection from the support, a buy trade is high probable.
Possible trade recommendation : Bullish as per chart sketch
Press like button if you enjoy.
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US30 Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
US30 and NAS100 Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
US30 top down analysis and daily trend US30 is following the market maker cycle and is moving into level 2 so expect price to be pretty choppy sunday monday.
My forex funds challenge : phase 2 down 3%
this US30 trade helped bring me back from some undisciplined trades throughout the week
US30 DAILY BULL HTF Overall trend: Bullish
- The previous daily candle closed as a Bullish Engulfing
- Breakout & Retest
- Liquidity to the buy side
- Price is respecting the strong support zone.
How To Identify Daily TrendsIdentifying the daily trend is an essential skill for traders looking to make profitable trades in the financial markets. Here are some steps to help identify the daily trend in trading:
1.Use a Higher Timeframe Chart: To identify the daily trend, you'll want to use a higher timeframe chart like a daily chart. This will allow you to see the bigger picture and give you a better understanding of the overall trend.
2. Identify the Swing Highs and Lows: Look for the swing highs and lows on the daily chart. A swing high is a price peak, while a swing low is a price valley. These points mark the changes in the trend.
3.Analyze Moving Averages: Moving averages are one of the most commonly used technical indicators to identify the trend. If the price is trading above the 50 moving average, it's considered an uptrend, and if the price is trading below the 50 moving average, it's considered a downtrend. (on a Daily chart)
4. Check Market Structure: Analyze the market structure to confirm the trend. In an uptrend, the market will typically make higher highs and higher lows, while in a downtrend, the market will typically make lower highs and lower lows.
5.Monitor Price Action: Keep an eye on the price action to see how the market is moving. Price action can provide clues about the strength of the trend and potential areas of support and resistance.
By following these steps, you can identify the daily trend in trading and use it to inform your trading decisions. Remember, it's essential to use multiple methods to confirm the trend direction before entering a trade, as false breakouts can occur.
US30 LONG to Channel Top Looking for US30 to follow suit with Nas and Spx and continue its Bullish Sentiment over the next week or so... Should reach -47% Fib extension and Retest top of channel.
US30 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
US30 BUYHey, there is a high probability that the Dow Jones Index will go up. With testing the strong support area at 33665. This correction also took place. On a bullish flag model. With a positive green candle, indicating the strength of the buyers. Good luck to everyone on this deal .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
US30 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
