US30 Soon it will hit 44600, remember what I said :)
DDDow Jones Industrial Average Index
45,373.39USDR
−251.77−0.55%
At close at Sep 5, 21:23 GMT
USD
No trades
Dow Jones Industrial Average Index forum
US30 Soon it will hit 44600, remember what I said :)
US30 I think the best part about this whole process is the feeling of it ALL melding together like a finely-tuned engine. Natural frequency is REAL. I didn't even think to sell today till I flipped my phone open on the train and saw that we was SMACK DAB on that bullish channel we're currently trading.
This is a beautiful process if you allow yourself to be humbled.
This is a beautiful process if you allow yourself to be humbled.
US30 yeah, easy smoke today lol.
US30 Last Call for This Session:
The Hourly shows that the previous candle formed one of my favorite patterns, a Bearish Spinning Top. This is a top reversal pattern for a coming move to the downside.
You can also see that with the Bearish Spinning Top, it rejected a breakout from the Inside Day pattern's high of 45,404 (shown as an orange line). This is the second rejection from that level. The bears can then do a breakout from the Inside Day's low of 45,184 (shown as an orange line) and drop down more.
Take Profit Levels to the Downside:
45,198 - Start of Thin S&R Zone
45,184 - Inside Day's Low for a Breakout
45,173 - Swing Low
45,121 - Inside Day's Low for a Breakout on the 4-Hour Timeframe
45,017 - Major Pivot Low on the 4-Hour Timeframe
The Hourly shows that the previous candle formed one of my favorite patterns, a Bearish Spinning Top. This is a top reversal pattern for a coming move to the downside.
You can also see that with the Bearish Spinning Top, it rejected a breakout from the Inside Day pattern's high of 45,404 (shown as an orange line). This is the second rejection from that level. The bears can then do a breakout from the Inside Day's low of 45,184 (shown as an orange line) and drop down more.
Take Profit Levels to the Downside:
45,198 - Start of Thin S&R Zone
45,184 - Inside Day's Low for a Breakout
45,173 - Swing Low
45,121 - Inside Day's Low for a Breakout on the 4-Hour Timeframe
45,017 - Major Pivot Low on the 4-Hour Timeframe
US30 A tall Inside Day pattern formed that indicates a market pause with no clear direction on the Hourly timeframe. Price action can consolidate within the pattern's high of 45,404 or low of 45,184 (shown as two orange lines) until a true (and not a fake) breakout.
Also, the green circled arrow of the tall bullish candle is a Major Pivot Low, which means that after a long bearish trend, the start of either a simple or complex W-shaped pattern has begun.
Also, the green circled arrow of the tall bullish candle is a Major Pivot Low, which means that after a long bearish trend, the start of either a simple or complex W-shaped pattern has begun.
US30 The Hourly, 4-Hour, and Daily are all aligned to be in Bearish (directional) Market Bias.
After this bullish pullback, which can go to 45,523 or around there through Mean Reversion, it will drop back down again because the Hourly is still in Bearish Market Bias.
After this bullish pullback, which can go to 45,523 or around there through Mean Reversion, it will drop back down again because the Hourly is still in Bearish Market Bias.
US30 try to buy at 45270-45220 for 300 pip profit
US30 This is a dramatic parabolic move to the downside. Sometimes the retrace from a parabolic drop is epic too OR the market will just take a break after this exhausting bear run with a shallow pullback, consolidation, or an Inside Day pattern.
US30 guys we did it 🙌 👏
US30 new targets orange lines
