US30I waited for price to the high @ 38826.68 or the low @ 38685.83 Price broke the and closed above the higher price with two candlestick. The price is retesting the level and I'll be using a Fibonacci Level tool to go long/bullish.ULongby im_kurt_mkg0
US30USD: Potential Buy OpportunityGreetings, Traders! Brief Description🖊️: Bullish momentum is building on US30USD after a retrace into discount prices, with potential for upside continuation. Things I Have Seen👀: - Bullish Momentum📈: Gain momentum after retrace into discount prices - Respected Discount Arrays📊: FVGs holding, indicating potential for upside move - Price Action📈: Push to upside to take H1 buy stops, followed by retrace into FVG Analysis🔍: - Anticipating hold of FVG and continuation to upside - First Target Objective📉: H1 buy stops - Second Target Objective📉: Order block, importance due to liquidity void needing to be filled What's Important Now❗: Monitor price action around key levels for confirmation of bullish continuation. Kind Regards, The_Architect Longby The_Archi-tectUpdated 2245
US30USD: Key Insights for NFP FridayGreetings Traders! Brief Description🖊️: Currently, on US30USD, I see the potential for a shift into bearish order flow. Price is at premium levels, indicating a possible sell-off from the bearish order block. Market Analysis📉: We have observed a bullish narrative throughout the week, with price reaching bullish objectives, including the bearish order block. For a detailed analysis, refer to the linked post: Things We Have Seen👀: This week’s bullish price action filled the liquidity void and tapped into the bearish order block. Now, I am looking for confirmations that the order block will hold and if it does this will indicate bearish price action. Bearish Targets📉: The engineered trendline liquidity with sell stops. Main draw: Daily sell stops. What's Important Now❗: This potential move could coincide with tomorrow’s NFP release. If the order block holds, we may see bearish momentum. If not, continued bullishness is likely. Best Regards, The_ArchitectShortby The_Archi-tectUpdated 2225
US Indices Weekly Forecast: Top Trading Strategies Revealed!Greetings, Traders! Brief Description🖊️: Join me in this video as we analyze what to anticipate this week on the indices US500, US100, and US30. We'll delve deeper into US30 to understand today's trading opportunities. We will explore various ICT concepts, including draw on liquidity, fair valuation, order blocks, and most importantly, Smart Money Technique (SMT) and engineering liquidity, where smart money uses retail patterns such as trendlines, support, and resistance to trap traders into making investments. Things We Will Cover👀: ICT Concepts🧠: Smart Money Technique (SMT): Study and analysis of correlated assets. Draw on Liquidity💧 : Understanding how liquidity is targeted and manipulated. Fair Valuation📊 : Assessing the true value of price levels. Fair Value Gaps : How to choose high-probability FVGs. Order Blocks📦 : Identifying high-probability order blocks. Engineering Liquidity 🔄: Analyzing how smart money uses retail patterns to manipulate market movements. Trading Opportunities📉📈: Potential Price Movements: Providing a comprehensive outlook on possible market shifts. Strategies for the Week : Uncovering strategies that could make this week profitable. If you'd like to further understand how to use SMT, please follow the link below. Happy Trading, The_ArchitectShort28:25by The_Archi-tect228
US30: Elliott Wave AnalysisDetails: Wave 2 purple (Cycle Degree) has been completed at 38019.06 as Running Flat and get ready to move up to Wave 3 (Cycle Degree). Now price has been completed Wave 1 blue (Intermediate Degree) as Leading Diagonal and declined to Wave 2 blue as the expect target at Fibonacci Level (0.50-0.786) Invalidation Point: 38019.06 Trading Opportunity: Wait for Wave 2 blue (Intermediate Degree) complete as the expect target above mentions.by tadchai5
38,000 is identified as a significant support level. If the DJIATechnical Analysis Support and Resistance Levels: Support Level: 38,000 is identified as a significant support level. If the DJIA stays above this level, it suggests strong buying interest and confidence in the market. Resistance Level: Identifying the next resistance levels above 38,000 can help predict potential upward movements. Moving Averages: 50-day Moving Average: This short-term indicator helps identify the trend. If the DJIA is above the 50-day MA, it suggests a bullish trend. 200-day Moving Average: This long-term indicator provides insight into overall market health. Trading above the 200-day MA indicates a strong bull market. Relative Strength Index (RSI): RSI values above 70 indicate an overbought condition, suggesting a potential reversal. Values below 30 indicate an oversold condition, suggesting a buying opportunity. MACD (Moving Average Convergence Divergence): Positive MACD values and a crossover above the signal line can confirm bullish momentum, while negative values and a crossover below the signal line can indicate bearish momentum. Fundamental Analysis Economic Indicators: GDP Growth: Strong GDP growth supports bullish market sentiment. Unemployment Rates: Low unemployment rates indicate a healthy economy. Inflation Rates: Moderate inflation is generally positive, but high inflation can trigger market volatility. Corporate Earnings: Strong earnings reports from key DJIA companies can drive the index higher. Watch for quarterly earnings announcements and guidance. Federal Reserve Policies: Interest rate decisions and monetary policies from the Federal Reserve significantly impact market sentiment. Market Sentiment and News Geopolitical Events: Trade relations, political stability, and global conflicts can influence market trends. Investor Sentiment: Market sentiment indicators, such as the Fear & Greed Index, can provide insights into the emotional state of investors. Example Analysis (Hypothetical) Let's say the DJIA is currently at 38,500: Technical Indicators: The DJIA is above the 50-day MA and 200-day MA, indicating a bullish trend. The RSI is at 65, suggesting the market is not yet overbought. The MACD is positive, confirming bullish momentum. Fundamental Indicators: GDP growth is strong, with a recent quarterly report showing a 3% increase. Unemployment is at a historic low of 3.5%. Inflation is moderate at 2.1%. Market Sentiment: Recent news highlights strong corporate earnings, with major companies in the DJIA beating earnings estimates. No significant geopolitical tensions affecting market stability. Conclusion Based on the analysis, if the DJIA maintains above 38,000, the bullish trend is likely to continue, supported by strong technical indicators, positive economic fundamentals, and favorable market sentiment. However, close monitoring of economic data, corporate earnings, and global events is essential to adjust strategies accordingly.Shortby luislin880
US30 BUY PredictionLooking to take a BUY when the chart passes the previous High point, currently the market is below the 8EMA, when the chart reclaims above the 8EMA would be my second confirmation, third confirmation is the chart being above the 200EMA. Recorded the TP and SL pointsLongby Muzi_muz0
US30We are looking for selling opportunities as the market broke outside the bullish trend resulting sellsShortby officialpotego_fx7
Dow Jones buyUs30 buy side momentum continuation overall structure represents long side Lets move buy side 🤪 Trail SL every 30 pips 1:2 RRLongby DNA_Trader_Officials2
US30 SELL NOW!!!!!!!!!!US30 took out the buy side liquidity we had a retracement from the fvg zone now price is heading towards to create a new lows and run liquidity below 38000 level am in on a short Also look out for more sells this ny sessions JOIN AND ENJOY Dont forget to tell us your take on US30Shortby CAPTAINFX29
correction It is expected that the continuation of the corrective trend will be formed until the previous bottom range, then the start of the upward trend will be possible. If the 78.6% level is broken, the correction process will continueShortby STPFOREX1
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!Trade Update: US30 We have some great news on our recent US30 trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 1 (TP1). This made sure that the majority of our positions have been secured and cashed out some of our gains, allowing us to lock in profits and reduce risk. Following this, we moved our stop loss to breakeven to ensure no loss on the remaining position. This strategy not only protects our capital but also gives us the opportunity to capture further potential gains with zero risk on the table and cashing out on TP2s and TP3s. Stay tuned for more updates and happy trading! 🚀by TTradessss6
Dow JonesOverview The chart for the Dow Jones Industrial Average (DJIA) on the 1-hour timeframe shows notable movements with the price interacting with key Fibonacci levels, support, and resistance zones. The indicators used include Moving Averages, Bollinger Bands, Commodity Channel Index (CCI), MACD, Stochastic Oscillator, and Support and Resistance levels. Key Observations 1. Moving Averages (200 MA and 50 MA): • 200 MA (Green Line): The price is currently above the 200 MA, indicating a bullish long-term trend. • 50 MA (Red Line): The price is also above the 50 MA, suggesting short-term bullish sentiment but with potential for correction as the price recently broke below it. 2. Bollinger Bands: • The price is near the lower Bollinger Band, indicating potential oversold conditions in the short term. This often suggests a potential for a mean reversion back to the middle band (20 MA). 3. Commodity Channel Index (CCI): • The CCI is likely below -100, indicating oversold conditions. This suggests a potential for a short-term rebound or consolidation. 4. MACD (Moving Average Convergence Divergence): • The MACD line is below the signal line, and the histogram is showing negative values, indicating bearish momentum. 5. Stochastic Oscillator: • The Stochastic Oscillator is below 20, indicating oversold conditions. This suggests that a rebound may be imminent. 6. Fibonacci Retracement Levels: • Key Fibonacci levels are plotted from the recent low at 38,366 to the recent high at 39,115.4. • 0.236 (38,880.8), 0.382 (38,703.9), 0.5 (38,576.0), 0.618 (38,448.7), 0.786 (38,267.4) 7. Support and Resistance Levels: • Resistance Zones: Significant resistance is seen around 39,115 and higher. • Support Zones: The recent low at 38,366 and significant Fibonacci levels act as support. Comprehensive Technical Analysis 1. Current Trend: • The long-term trend remains bullish as the price is above the 200 MA. However, the short-term trend shows potential bearish corrections as indicated by the break below the 50 MA. 2. Oversold Conditions: • The CCI below -100, the Stochastic Oscillator below 20, and the price position near the lower Bollinger Band indicate that the market is currently oversold. This suggests a potential for a short-term rebound or consolidation. 3. Volume: • Increased volume during the recent decline indicates strong selling pressure, but this could also lead to short-term exhaustion, potentially triggering a rebound. 4. Key Support and Resistance Levels: • Resistance: Significant resistance levels are at 39,115 and above. • Support: The recent low at 38,366 and Fibonacci levels (38,880, 38,703, 38,576, 38,448, 38,267) act as support. 5. Momentum Analysis: • The MACD indicates bearish momentum, but the oversold conditions in the CCI and Stochastic suggest this might not last long without a correction. Best Trade Opportunity Given the current market conditions, the best trade opportunity appears to be a short-term buy trade to take advantage of the oversold conditions and potential for a rebound. Trade Setup: • Buy Level: Around 38,791 (current level near the 0.236 Fibonacci level and lower Bollinger Band) • Stop Loss: Below 38,576 (to account for potential further downside, just below the 0.5 Fibonacci level) • Take Profit: • First target: 39,115 (recent high) • Second target: 39,200 (above significant resistance level) Trade Rationale: • Oversold Indicators: The Stochastic Oscillator and CCI both suggest that the market is oversold and due for a potential rebound. • Fibonacci Support: The price near the 0.236 Fibonacci level indicates potential support. • Risk-Reward Ratio: Entering a buy position near 38,791 offers a favorable risk-reward ratio, especially with a tight stop loss below the 0.5 Fibonacci level. • Volume Consideration: Increased volume during the recent decline indicates potential exhaustion, which might lead to a short-term rebound. Summary • Buy Opportunity: Enter at 38,791 with a stop loss below 38,576. • Targets: 39,115 (first target) and 39,200 (second target). • Rationale: The market shows potential for a rebound given the oversold conditions indicated by the Stochastic Oscillator, CCI, and support around the Fibonacci levels. by KironKavanagh2
Missed entry.I was looking for an opportunity to sell, and saw the 4h/1h resistance area - didn't enter. next roundby Shin_diamonds0
shortus 30broke out of upward channel towards the downside and we could be seeing a move downwards as a bigger correction apply proper riskUShortby profit70percent0
US30-----Bearish There is Formation of Rising Wedge Reversal Pattern and there is Divergence In H1 more chances of goes Bearish Shortby ali110023313
Weekly Forex Outlook Sun.June.9.2024 - Fri.June.14.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion05:06by unkn0wntrad3r111
DJ30 New Key Levels Trend AnalysisWhen you look at the daily range on DJ30 you can see that those zones ( horizontal blue) do not offer clean entries, because they are being honored. But we get a clear direction and momentum and even though there is no clear RSI value, instead we have much volatility and a diagonal trendline being supported various times. The less distant it bounces from the trendline, the weaker it gets. Pay attention to the new trendline that has been created. It might not be very accurate yet, because we have little data. But this is how it could possibly look like if this continues to drop...DShortby Underlayer1
US30 longWeekly; Price has closed above 38,500 level which is massive zone of liquidity Price has formed a head and shoulder. This indicates that price is headed upwards to 39,100 which is the next daily level Daily; Price has closed above 38,500 or 38,550 which is a massive buy area. It has retested that same zone twice with two candlesticks. If you zoom in on the wicks you can see that yesterday's candlestick formed a higher high in comparison to Monday's candlestick. This indicates that price is going higher. 4 hour; Today price has continued its upward momentum, however, price is slowing down. Moreover, if I intuitively think about it, price is trying to go higher since there would be no reason for today's momentum to continue going higher, if there are no orders or momentum. The slowing momentum tells me that price does not have enough orders to go to 39,100. So if we zoom in and look for areas of possible entries, there are some. First of all the daily body closure at 38,550 is a massive area of buying liquidity. It is also in sync with yesterday's 4 hour region that retraced to go and collect orders at 38,450. The highest probability entry would be if price tested 38,550 and formed a buy formation 38,625. Another possible scenario is if price manages to close above 38,815 and retests it to confirm my bias, which will see me buy to 39,050. Longby kingmwenjaUpdated 1
Rand Continues to Devalue Against Dollar After Shock ElectionWeekly Wrap Up - Hope You Enjoy! DXY - Daily ERL was not breached and Weekly FVG not mitigated either as we closed the weekly with an explosive shift of structure higher on the H4. Daily run of liquidity was liquidity being engineered for an ultimate push higher., EURUSD - Initial bias on EU's daily run of monthly high (TBL) with a confluent 1H MMXM was correct as price ultimately displaced lower. GBPJPY - Fairly neutral the entire week after achieving daily ERL but failing to displace through. Anticipating further HTF consolidation on GJ which it tends to do after an extended impulse. USDZAR - Beautiful structure on this pair the entire week making continuous HH's & HL's. The daily FVG inversion was following by a 1H run of time-based liquidity which manipulated into a 4H 1-sided FVG. Anticipating displacement higher to Daily ERL short term. Political uncertainty around the future of South Africa's governing structure will continue to devalue the rand against the dollar. US30 - As the dollar gains strength I'm anticipating the sell off to continue in equity markets. Price has traded into an order block with a confluent FVG which is indicating an imminent reversal as the M15 begins to shift lower. Sam The Modern Day TraderLong18:00by Sam_Mfeka0
US 30 short - swing trade Taken a nice swing short on US 30 to finish the week Entry 38963 TP 38840 SL 39004 Targeting the sellside liquidity after we trapped the bulls in the 15min breaker. Tape read the move and waited for my SYSTEM TO CONFIRM MY TRADE. Always follow your trading system and the market ranges/ Ideally we would to see the market trade through the HTF sellside sitting around 38800 by the end of the day. Hope you guys had a nice week. Similarly I hope your trading week has been decent and looking forward to next week. As always the bottom line of the week is only a moment in time. Don't let it make you or break you. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.Shortby Patrick27071
US30 SELL SETUPWith price failing to sweep off an Asian high before NFP , a pull back was expected. We traded the NY session moving bullish as price had started pull backing for that resting liquidity on the buy side. Price tapped into the DAILY POI (POINT OF INTEREST) and just in 0.01% into the risk area and dropped immediately. My team is already milking US30 for the 3rd time today. We're expecting price to move bearish until our TP is hit. EShortby katleho_08667
us30 longThe general trend of the Dow Jones index is upward. With the defeat of this area, it is possible to climb.Dear friend, thank you for following my analysis. aslan_forex_usLongby ASLAN_FOREX0