Recap of my 3 trades today during NY Session, DJ30, Gold and WTII took 3 quite successful trades today, DJ30 FGD parabolic blowoff long, Gold also parabolic long, filling Single Prints above, WTI FOH continuation, low hanging fruit blowoff short... 10:33by TC888Published 2
Wall Street ShortAfter rebounding from the upper trendline, it seems that this index is forming a rising flag, which IMO is a strong indicator for a bearish momentum. Based on the previous analysis I had done, I anticipate that the price will complete this pattern at 39000. Entry position at 40100, Sl at 40600 and TP at 39000Shortby Vapari_IncUpdated 3
Dow in H8 chartHello It is supposed that the price 38,010 was the low of wave II and we can expect rally to continue but nothing is valid unless the confirmations are met. If you want to enter so you must get the first confirmation at least and for those conservatives second confirmation is necessary. Please consider that I always talk about EW principles in my ideas and I use it to find a whole conception of the market as well as trends directions. I never use it to set up my entry point. I recommend Volume Trading for this issue. Thanks Longby AMA_FXUpdated 3
DJI Is Bullish! Buy! Take a look at our analysis for DJI. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 39,843.73. Considering the today's price action, probabilities will be high to see a movement to 40,793.56. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 223
US30 More Sells I thinkI think it makes more sense logically for US30 to continue to drop and I do believe it has the means and liquidity to do so. That being said, I wouldn't attempt to try to trade anything on it as of current because it (like gold) is confusing and chaotic. I will probably be sitting this one out. Have a good rest of your day folks!Short06:46by Brandon_evo4Published 4
US30a closer look at what I'm waiting for. Enter only with confirmation. We still hadn't hit the higher time frame's resistance or supply.Shortby CryptosoursPublished 3
US30Just a simple trade, waiting for confirmation, managing money, and then jumping in. Thank me later.Shortby CryptosoursPublished 1
US30- SHORT Trade CallOn 1 H, Bearish divergence is present. It is expected that trend may reverse, therefore, SHORT Trade may be taken while price chart retraces. SHORT Trade Entry Sell Stop : 40850 Stop Loss: 41000 TP1: 40700 TP2: 40550 Shortby Golden_SpurUpdated 4
Trade Signal: Dow Jones (DJI)Trade Signal: Dow Jones (DJI) Position: Sell Entry Price: 39,940.00 Take Profit Levels: First Take Profit: 38,940.75 Second Take Profit: 38,000.00 Stop Loss: 40,655.00 Trade Summary: We recommend initiating a sell position on the Dow Jones index at the entry price of 39,940.00. The initial target for profit taking is set at 38,940.75, with a further target at 38,000.00. Ensure to set your stop loss at 40,655.00 to manage potential risk. Risk Management: Please ensure proper risk management and adjust your position size according to your risk tolerance. Disclaimer: This signal is provided for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a financial advisor before making trading decisions.Shortby GODOCMPublished 0
Check the trend A corrective trend is expected to form up to the specified support range. Then it will be possible to change the trend and start the upward trend Otherwise, it will be possible to continue the correction process up to the level of 78.6% by STPFOREXPublished 1
Us30Previous support may act as support for an uptrend till previous high... We have a bullish triangle and trend keeps on forming bullish continuation patterns Longby youowemesonPublished 224
US30 34,500 SWING TRADE BUY PRICE Looking at past price action on the 6, 4 & 3-month chart, I can see the price has pulled back to 78.6% fib levels in July, Aug & September which are the last 2 months in the financial year and 1st month in the new financial year in September then after September during Oct, Nov, Dec price has accelerated bullish with huge engulfing candles (Santa Clause rally) following past price action patterns. Currently with the fundamental condition of the market and interest rate cuts pending for September/October/November Q1 (Q4 of 2024) the following 6 months starting from mid-July 2024 have been bearing as price is oversold in a premium market which isn't giving room for more buyer to enter the market at a fair price before the FED rate cuts and indices and stock start the next bullish run for 4 years in the market cycle, so price need to sell into a discounted market below 37,776 which is above the 4month IMB and 4month bull OB. From my analysis price would need to pull back and fill the 4-month IMB and draw towards the 34,500 (safe price) area (32,742 is my 78.6 swing trade price) price there is a monthly bullish OB and 3,444 pip of IMB to be filled. I'm not expecting the price to run directly towards this price area but it will eventually get there over time or to 50% of the IMB at 36,400 or 36,250 (QL)by unlmtdmarketingPublished 0
LONG IDEA ON US30Price has formed a W pattern by breaking 40. range and turning it into support. After price failed to break the 41. level, it bounced back to 40. level giving us good entries for long, we should see price pushing towards 42. rangeLongby Justin-fxPublished 114
Correction of the previous -analysis Simply a correction of my previous analysis Due to some market ranging I’ve come to this idea. Let me know what are all your thoughts Shortby LordemersonUpdated 4
honest advice to DJIA Investorsyou should take this as a mere advice... thanks the DJIA stock is bound to fall back to 35,000 or below before the bull run continues and its better to wait and invest wisely.15:39by PolymathNGPublished 221
US30 IN BULLISH TRENDUS30 is in protentional bullish reversal as it is at supports levels.ULongby MIRZA_TRADSPublished 1
US30 - Shorts EntryI've officially entered in on US30 shorts. After a big push up, we're approaching a daily demand zone as well as a 4H 50% retracement. 15M structure is still bullish but to be honest, I don't feel like sitting at my computer all day so I entered with a bigger stop. Will post an update good or bad when the move completes.Shortby AntRaibzPublished 0
us30 on the rise, midweek to weekend funds A push up on US30 as sellers failed to drive the market lower, looking for a 3 risk to reward trade. trade responsibly with proper risk management, check chart for more details Longby wizzywise1Published 2
US30 LONG IDEA Basically, if we trade under this 40000 level, we would be breaking structure so I would like to see it hold under that level before selling. and on the other hand, if we reject his area, I am going to wait for a lower time frame break of this bearish structure and just ride the higher highs and higher lows!Longby mannyman1Published 1
US30We can attempt to short US30 from specified level as it break HL , also bearish divergence occur indicate that it moves downward. SL , TP mention in chart.UShortby SignalEdgeUpdated 4
DOW JONES Correction isn't over yet. See where to buy.The Dow Jones Industrial Average Index (DJIA) made initially a direct hit on our July 05 (see 1st chart below) 41000 Target and following the rejection then, is on its way of hitting the 39200 downside Target (July 17, 2nd chart below) as well: Zooming out to the long-term pattern again after a while, we can still see that the dominant technical structure is a Channel Up that first started on the September 30 2022 inflation crisis bottom. On the more medium-term, we can isolate a (dashed) Channel Up that started on the April 19 2024 Low. It appears that the current correction is technically its new Bearish Leg. Symmetrically, we should be expecting the new Higher Low to make contact with the 1D MA50 (blue trend-line). That is our first buy entry. The second is just below the 0.5 Fibonacci Channel level, which can potentially make near contact with the 1D MA200 (orange trend-line), a strong long-term Support. That scenario is drawn based on the October 27 2023 bottom which was after a symmetrical correction (-9.25%) with the March 20 2023 bottom. Similarly, the current Bearish Leg could be symmetrical (-6.84%) with the correction that led to the April 18 2024 Low. For both buy entries, our new long-term Target will be 42400 (Higher High on the medium-term Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShotPublished 10
US30 - Bearish Momentum Amid Anticipated GDP Data ReleaseTechnical Analysis: US30 Current Outlook: The price is in a strong bearish trend, with potential targets at 39575 and 39400, particularly if the GDP data exceeds expectations. Bullish Scenario: To establish a bullish trend, the price must stabilize above 40060, aiming for 40270 and 40420. An uptrend movement will be likely if the GDP results are lower than expected by approximately 1.4% to 1.6%. Bearish Scenario: As long as the price trades below 40060, the bearish trend will persist. For a more precise bearish outlook, the price should stabilize below 39780, targeting 39575 and 39400. Key Levels: - Pivot Line: 39945 - Resistance Levels: 40060, 40250, 40420 - Support Levels: 39780, 39575, 39400 Today's Expected Range: The price is expected to fluctuate between the support at 39400 and the resistance at 40420. previous idea: Shortby SroshMayiPublished 4