WS30M trade ideas
US30 downThe Dow Jones Industrial Average (DJIA), also called “Dow Jones” or “the Dow” is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange (NYSE), approximately two-thirds of which are represented by companies producing industrial and consumer goods. “Price-weighted” means that each company is assigned a weighting based on its stock price. It was created by The Wall Street Journal editor Charles Dow in 1896.If the DJIA rises by 10 points comparing to yesterday, it means that the cost of purchasing the 30 stocks in the index today is $10 higher than purchasing those same 30 stocks yesterday, taking into account stock splits and dividends.
Over time, the DJIA can be used as a benchmark for the economy
US30 Short IdeaWeekly Candle Closed as expected, High Sweep Previous Week, H4 Market Structure Shift, So I will Look for Short from FVG area. Target is November Low.
if You Are Following The Follow With Risk Management.
US30-bias long Bullish indications:
HHHL
Triangle break out .
MA respected.
Major resistance at 44153 has broken.
AB=CD indicates movement upwards until 44386
Bearish indications:
Hammer candle in 2 hr time frame.
Trade plan bias long @ 44137
SL:44017
TP1:44267
TP2:44381
Dow jones for longs the current market conditions for the Dow Jones appear favorable for longs, as the index shows strong upward momentum and resilience near its highs. However, it’s important to manage risks by observing resistance levels and potential profit-taking. Ensure your strategy aligns with these dynamics before committing to any trades
uptrendIt is expected that the continuation of the upward trend will form until the specified resistance levels. If the index crosses the green support zone, the above scenario will be invalid
US30 US Election Rally Buy US30 @ 41850 - 41780🏦US30🏢 US Election Rally
💎Buy US30 @ 41850 - 41780💎
Tuesday 11/05/2024 07 PM
41640 StopLoss —>
41855 BreakEven+
Scalp
TakeProfit 1: 41870
TakeProfit 2: 41890
TakeProfit 3: 41910
Daily
TakeProfit 4: 41930
TakeProfit 5: 41950
Swing
TakeProfit 10: 42050
TakeProfit 20: 42250
TakeProfit 30: 42450
Position
TakeProfit 50: 42850
TakeProfit 100: 43850
TakeProfit 200: 45850
TakeProfit 300: 47850
Richard Eyo ~ The Wizard 🧙♂️
US30 SELL SETUPCurrently we are looking at us30 above the highest point of the market. once the price closes back inside the zone , I will be looking for price to close the gap back to the previous higher low structure.
US30 Will Go Lower From Resistance! Sell!
Take a look at our analysis for US30.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 44,614.35.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 43,793.35 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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DowJones Sell Setup Currently Trading at 44535 , Sell For The target 38210
Looking Overbought , Start Selling It
Correction Till 38210 Possible
US30 us30 is bullish and this is my technical analysis. based upon it respecting the 38.2 PRZ the first project is 27.8
US30 Bullish Outlook: Key Resistance AheadHello,
BLACKBULL:US30 is reaching new highs, with the current one-year peak at 44,555.37. Although it is significantly oversold and a downside move is anticipated soon, this expectation appears to be short-lived, with an overall bullish trend still expected. A confirmation of a downward shift would require a cross and sustained position below the weekly pivot point.
Currently, indicators suggest continued bullish momentum. Key resistance levels to monitor include the weekly resistance points at 45,159.732, 44,756.516, and 44,622.1107, as well as the daily resistance at 44,700.075. If the price can break and hold above the strong daily resistance at 44,700, we could see further movement toward the weekly resistance at 45,159.732. A successful cross and hold above this level would further confirm the potential for additional upward movement.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
DOW JONES (US30)We spotted a simple setup on DOW JONES; the market has a high potential to create a Double Top and see it trade back to the downside ... Entry will be based on the zone once the market touches place your sells those are sniper entries and managed your risk properly. Blessed and profitable week ahead folks ...!!!
US30 BULLS- I'm looking at those 2 levels. I believe we will get there by Tuesday or Wednesday.
- I don't want US30 to take buy side by Monday hahaha. but whatever happens I'll be observing,
Good luck
DOWJONS US30📝 Important ranges for this week have been drawn, you can trade them according to your personal strategy.
⏱ TIME:30M
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us 30continuation to upside previous high of the market, and possible having a retracement below at area of breaker creating a mitigation block for a continuation momentum
Dow Industrial - Long - Term Elliott Wave CountIn one or two trading days the Dow Jones Industrial Average (DJI) could complete an extended Elliott wave Impulse pattern that began on October 2022.
Weekly RSI has multiple bearish divergences. If a top is made the decline could continue for several months.
Dow Jones Is Approaching Important SupportHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 44,000 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 44,000 support and resistance area.
Trade safe, Joe.
Dow Jones Bull Trend Is Now In Accel Target 159,000 (2042)November is showing to be a full-bodied bull candle and at all-time highs. The 30-year bull trend is now in acceleration phase and is on track to 159,000 by year end 2042.
This week's bull candle signifies a continuation of the trend as the Election rally candle broke out of the high, the following week rested and then this week's candle continued.
This would be the best spot to be a buyer as now we are on path to 50,000 in the medium term. Long term Dow will be hitting 60,000-100,000 over the course of the next 8-12 years
There is still 260% of upside left in this bull run from 44,000-159,000 or 115,000 points left.
Continued growthDow Jones, found support on a key level which was a previous all-time zone, and is headed towards making a new all-time high. The bearish pullback failed to continue, as the price formed a high low bouncing from the 42800 zone. As long as the price is above 42800 and 43k, the indice, will keep moving up until possible reversals.
#US30 #H4 Higher Timeframe Analysis#US30 #H4 Higher Timeframe Analysis
📉 Current Scenario
The price is witnessing strong profit booking. Here's what we’re eyeing:
Key Level: We want the price to create a new low, taking out liquidity below 43313 (previous high & resistance). This is where many stop losses are likely placed.
The Plan: After liquidity grab, we’ll wait for an #H4 candle to close fully bullish above 43550 to enter a buy setup for a bigger target.
📊 Why Share This Analysis?
We rarely post #US30 updates, but this setup offers a solid opportunity worth sharing!
🎯 Trade Parameters
Stop Loss: The low formed during the liquidity grab.
Targets:
🎯 Safer Target: 43900–44000
🎯 Extended Target: Above 44500
Stay tuned for activation! Let's capitalize on this prime opportunity. 💼✨
USA30 updateUs30 create reversal pattern yesterday n manage to turn just before the pull back target,I hope you see this n be able to follow the trend,note that market won't goo exactly as we predicted always it must be tricky it musting be n easy target it need displean n continuation of learning in order to see light,alot of things will develop itselfs n how you see things thank you n have a nice weekend.
