Looking for a nice long trade on US30Looking for the bullish momentum to continue once we can get some more orders flowing in the market.
We need more suckers to push the market to a more attractive discount level and then we can buy it back and then sell it back to them at a MUCH higher price. HEHE
#us30 #ikoncinvst #us30long
“Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.”
-J. Paul Getty
Us30short
US30 is about towrope 3k points!Last week i made a post talking about how us30 is forming some bullish patterns.... as of today it is about to hit our target (50 points away)!
here is the post:
i do think that after we hit our target we will come down 3k points!
why do i think us30 will fall 3k?
-i have multiple charts showing that we could possibly fall 3k points
-using fib tools i can determine that a 3k drop is very possible
-the fed could come out with bad news about the economy/interest rates
- my TA on the vix shows that we could see a spike in volatility (volatility could push markets down)
-bearish patterns: on this chart you can see a rising wedge (bearish)
-Bollinger bands: currently we are above our top Bollinger band(resistance) this means that price is over extended and we could come down
here are your selling points/targets:
a good selling point would be at 33,971
your first target/ second selling point would be at 33,839
your second target/ third selling point is at 33,613
your third target/ forth selling point is at 33,399
your forth target/ fifth selling point is at 33,111
your fifth target/ sixth selling point is at 32,811
your sixth target/ seventh selling point is at 32,130
your seventh target/ eighth selling point is at 31,785
and your final target is at 30,957
after we hit all of these targets i do think that we hill make our way up to 36k! i will make another post once we hit all of our targets
(TAKE TRADE AT YOUR OWN RISK)
US30 - SELL NOW !Welcome to our Trade Setups - April 15th ( US30 ) !
SELL US30
ENTRY LEVEL @ 33918
SL @ 33953
TP @ 33563
Max Risk: 1% - 3%!
Risk/Reward Ratio: 10
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Potential SELL on US30 - READ INSTRUCTIONSWould like to see liquidity get grabbed at the bottom, for price to then return to discounted area and mitigate the previous buy to sell type of candle.
Analysis is done in 5 min timeframe.
Remember trade safe and trade only what you can afford to lose
Do NOT risk more than 5%
US30 SellPrice is moving towards the third touch of the ascending pattern, and will be looking for sells. Will potentially capitalize on short term buy if shown clear continuation
Us30 will start to drop this week/next week!after a few weeks of us30 rallying i do think that it is time for us30 to have a drop (-1,900)!
currently we are crossing a pivot ring, this means that you would expect some big moves in price during the next few hours/days.
i do think that the move will push us down since we are reaching heavy resistance.
here are your selling points/ targets
a good selling point is at 33,272
your first target/ second selling point is at 32,923
your second target/ third selling point is at 32,553
your third target/ forth selling point is at 32,115
and your final target is at 31,621
after it hits all of these targets i do think us30 will push up to 34k before pushing back down to 30k!
(TAKE TRADE AT YOUR OWN RISK)
Possible US30 short ill be taking a us30 short when i see a good entry for a short towards my marked area, remember this is not financial advise!!!!!!!!
DOW JONEX (US30) could FALL!Nice retst of previous trendline and resistance-zone could cause a drop here!
WATCH OUT - Powell is about to speak today, so everything can happen! ;-)
SHORT POSITIONUS30;TECHNICAL
BEARISH:FORECAST
US30 (DOW) failure on breakout could lead to a sharp breakdown
The psychology of an ascending triangle failure
If a bearish breakout occurs, a 1200 point move lower is possible….
Is the breakout to new all-time highs in U.S. blue chip names cause for concern? It will be if certain developments begin to play out soon. Volatility has been low, complacency has set into a market where complacency looks as if it should be replaced with heightened alertness. Today, I am only going to take a look at one particular pattern in one index, however; there are multiple macro developments which at the very least raise caution flags that the entire ‘risk-trade’ could soon come under pressure. I recently went into greater detail on the subject – read here for more. Soon, I will revisit the topics in that article with some additions.
The US30 (DOW) has been coiling up into a wedge since the beginning of the year. Traders across all asset classes have felt this constriction in volatility, as price swings in everything from stocks to rates to commodities to FX have become increasingly smaller. To see that, all one needs to do is look at a daily chart of almost anything with the 10-day ATR indicator plotted at the bottom – average daily swings are dripping lower. The US30 during this triangulating process has witnessed nearly a 45% decline in daily price movement. If the following scenario occurs, it is very likely that bigger, maybe much bigger price movement will return.
On Monday, the US30 broke out to new all-time highs. How exciting, right? Not so fast…that breakout has already failed, for now at least, and we sit just about where we started the year. Why this fascinates me – when triangles, like the one the DOW is stuck in now, breakout and fall back into the pattern, it had better regain breakout levels soon or it is in real risk of breaking out in the opposite direction.
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Taking a very aggressive short on US30.Start of downtrend with a break of the previous support beginning a downward structure and a retest 1:5 risk to reward. Risk only 1%-2% per trade.
(UPDATE) Taking a very aggressive short on US30 Start of downtrend with a break of the previous support beginning a downward structure and a retest 1:5 risk to reward. Risk only 1%-2% per trade.
us30 will push down right now we are seeing us30 pump due to the fed releasing positive news about the economy....
but i do not think that us30 will hold the current price for very long!
i think us30 will start to push down before testing highs again...
here are your selling points/ targets:
a good selling point is at 33,034
and your final target is at 32,759
once it hits the target i do think that us30 will push up to 31,110
why i think it will push down:
currently we are rejecting a major trend line (red trend line) we have rejected this trend line 3 times!
(TAKE TRADE AT YOUR OWN RISK)
US30Targeting liquidity for a directions and seeing LL and LH created on the 5m timeframe was my green light for this trade. The demand zone was an area I think price could reach, but I wasn't so sure ofc. Which is why I put my take profit at the daily pivot point instead of the demand zone below it. Quick scalp, 600 pips caught.