US30 to find buyers at current lows?DOW30 - 24h expiry - We look to Buy at 31500 (stop at 31250)
The medium term bias remains bearish.
An overnight negative theme in Equities has led to a lower open this morning.
A move to 33065 will form a daily bearish Gartley pattern.
There is scope for mild selling at the open but losses should be limited.
Dip buying offers good risk/reward.
Our profit targets will be 32274 and 32786
Resistance: 32274 / 32786 / 32887
Support: 31600 / 31500 / 31400
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
US WALL ST 30
US30US30 if cant break the 32500-32620 zone
Can drop to 31500
The tp zone too many you can take profit in zones
DOW JONES (US30) - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on US30.
Technical analysis: As we can see here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block for a short position.
Fundamental analysis: Tomorrow we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. Due to these news the analysis can be invalidated.
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US30 is going Up or Down ??While the price is above the 31.5K or 31.2K mark, expect the price can go either direction and wait for the right breakout.
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US30 Dow Jones Technical Analysis and Trade IdeaIn this video, we take a close look at the US30 Dow Jones. We can see that it has traded into a significant resistance level. Below, there is a price gap and sell-side liquidity in the form of stop losses, which could potentially attract bigger players. During the video, we discuss the US30 trend analysis, price action, market structure, price gaps, and touch on a potential trade opportunity.
US30 SELL LIMITGreetings!
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Upward Rally is coming to an endThe chart displayed contains my main wave count for the upward move in US30 so far since its local bottom.
The upward rally was rather swift with high momentum consisting of WXYXZ waves. The Z wave which ended recently almost 2 weeks ago consisted of a normal ending diagonals 12345 as mentioned followed by decrease in prices.
Now according to the current situation, an expanding flat seems like a perfect choice to flush out the shorts followed by downward continuation. Another reason for the last upward push is because we did not reach 0.786 retracement level which can be tapped through B wave of expanded flat as shown clearly below.
Currently there is a lot of non-harmony in the overall Financial Markets with each asset giving out different sentimental feels. Thus it means the next couple of weeks are going to be very much irregular filled with anomalies so trading with caution is advised.
1 last SL hunt before the final flushThe market for the last few weeks has been really choppy. The wave count which I posted earlier was updated in this chart after further inspection.
The current market condition is not favorable for bulls at all. First of all, the 5 wave impulse which is also shown in the chart can be a part of bigger extended flat correction leading to bear market. Since the wave A of correction was 5 wave impulse as shown, it shows that the correction will be zig-zag, hence we have an invalidation level for our bearish case, which sits just beyond ending of wave 5 level.
Now coming to bearish case, the ABC zig-zag correction can also turn into an extended 5 wave downward impulse if you consider the recent 5 wave impulse to be the C wave of extended flat on weekly chart thus caution is advised if you are looking for buying at these levels.
The market will most likely go for SL hunting towards the most recent fractal before going down as stated.
Dow Jones Micro outlookFollowing the previous analysis on Dow Jones, we saw the anticipated downward flush for the past couple of days.
Currently, the downward wave A seems to be finished following by a flat correction ABC as shown in the chart.
Overall the market is still bearish and the downward trend will continue once sufficient retracement has reached.
My main wave structure of the overall chart right now is shown below including the wave structure from my previous Dow Jones analysis from 8th Feb.
US30 A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 30000,00 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
US30 is in Downtrend and It is Expected to Continue Downtrend.
US30 possible buy zone! US30
Possible direction : Bullish
Technical Analysis : With weakening of DXY, US30 , after long consolidation on the 4h timeframe, has broken out of reversal pattern from a month support level with multiple liquidity grab, US30 prepared for a bigger move to the upside.
As the price already created an impulse, it is highly likely US30 will drop for a deeper retracement to at least to the previous resistance turns support. After rejection, a buy trade is high probable.
Possible trade recommendation : Bullish as per sketch
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US30USD LongThere is the formation of a bearish channel, according to the 15m and 4H time frames.The signal has touch the lower trendline of the channel and I do anticipate that the price will continue with the bullish momentum.
Entry price is 32720, SL at 32500 and target is 33370.
My R:R for this trade is 1:3
Remember, risk only 1-2% of your account!
Sell opportunity on US30!This coming week, we anticipate US30 to further weaken. Technically, the index failed to break the strong resistance zone and bears succeeded to push price lower and broke below the trendline support. There is high chance that we could see US30 continue declining this coming week.
We will be monitoring price for possible short positions with two targets in mind, 31974 and 31233.
Traders, if you find this idea helpful please do support it with likes. I'll be glad.
Please do check out my other ideas for this coming week on NAS100, AUDUSD, EURUSD and others by following the links below.
All the best for the coming week!
US30 3 buying opportunities US30 has made a major decline in the last week with CPI news, I’m looking for buy opportunities but if support is broken we can see a major fall to next support, till then I’m on the the sidelines to buy when support is reached.
YM1! US30USD DOW 2023 FEB 27
YM1! US30USD DOW 2023 FEB 27
No trades for Dow last week.
Possible scenarios:
1) Rotational play: Trades can be executed at boundary of rotation
range 34605 / 32789
2) Supply takes control = short on test and reject of 32789
Volume Analysis:
Weekly: Lower vol down bar close toward low = minor supply
Daily: Ave vol down bar close toward low = minor supply
H4: UHV vol up bar + level close up bar close toward low = supply > demand
Price reaction levels
Short on Test and Reject | Long on Test and Accept
35750 35228 34605
32789 30513 28635
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Have a profitable week ahead.
US30 BULLISH PREDICTIONUS30 about to reverse from here as expected (the news is coming of usd in next 5 mins and it may bring us30 back to the bullish level.
always enter after confirmation.
i am not your investment advisor.
US30 selloff to stall at current levels?DOW30 - Intraday - We look to Buy at 32960 (stop at 32760)
Bespoke support is located at 32960.
Bespoke support is located at 32940.
Majority of the initial daily losses being recaptured.
There is scope for mild selling at the open but losses should be limited.
A Fibonacci confluence area is located at 32960.
Our profit targets will be 33475 and 33690
Resistance: 33475 / 33630 / 34130
Support: 32960 / 32940 / 32890
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
US30 - Looks bearishMonthly:
1. Possible Double Top after big impulse
2. For now Monthly timeframe look bearish
Weekly:
1. Three Doji candles from last 3 weeks This means that buyers and sellers had equality in the market and now this week the price just brake support level and it’s look like sellers is more powerful and this weekly candle will close above the support.
2. For now Weekly look very bullish too
Daily:
1. Great impulse
2. Brake of strong previous lows and now we have to wait for correction.
To mesure correction we need to add fibonacci from this high to this low and to wait the price to reach and retest the breakout of the structure. This structure now will acting as resistance and is very possible to see another impulse to the down side after touch.
US30 Short-Term Bullish AnalysisClick on Boost (like) to support these free analyses
This expectation is a framework to look for a potential trading setup; I recommend you to not just execute based on these levels. I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- Wyckoff
- Etc.