DOW target reached on down side.I have analyzed DOW market based on the previous price range. It was a very fast and furious fall and reached the target(Apple). Taken Wave and chart patter and all time high in consideration.
US30 trade ideas
Dow USA market future trend analysisI have analyzed Dow market based on it previous waves price. And i have considered the time also. It has formed a double bottom and bounce back during FED meeting. But i am expecting it to go down touch that point again(i:e Red small apple)
Us30 Looking For Sell As per Price Action and Price Structure Can Be Entered in Trade With With Hi Risk Reward Trade Setup....Strickly Follow SL
Dow jones US 30 ready for big fall 38700 and below level comeOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
DJIA is entering a very dangerous period !!As per limited study April and May should reward bears.
Inittial signs of DJIA topping out is seen with my Time and Price study.
Rest market is supreme.
SL above 39889 (Weekly closing basis)
Downside 3000+ points positionally.
Historical Impact of Fed Interest Rates on Dow JonesThe current market cycle looks eerily similar to the 2005 - 2010 era.
Dow started going up after the last rate hike in expectation of a rate cut and eventually peaked around the time the cut started i.e. Sep 2007.
Very similar behaviour is evident in current cycle where market has been rising since the last rate hike. If the Fed cut is expected in June 2024, then there is still some upmove left, but we are close to the top.
P.S.: 1: Numbers mentioned are the rates after the said action.
2: Similar price action was developing in 2015-2020 period, however, it can't be considered as a valid reference on account of COVID crash.
DOW JONES TRADE SET UPSeeing some short opportunity here. Looks like a bullish flag, a breakout might not sustain leading to a trap.
us30 short a clear fvg and oderflow or instutation level is seen in us30 .
if it retraces back and valid our setup by rejecting the block the short can be plan.
targeting the daily low.
note : setup will be invalid if it first wipes out the daily liquidity (below line) or selll side liquidity.
the us30 must retrace back from here toget a valid sell.
DJIA : About to reverse it's trendA very bearish pattern Head and Shoulder. A trend reversal pattern which appears after a long uptrend. It shows that profit booking / distribution / shorts are creating. 38700-38600 is the trendline / neckine. Break of this line will ensure a strong downtrend.
DJIA : First Lower High Lower Low after 38740 breakDJIA will halt it's uptrend and make First Lower High Lower Low after 38740 level breaks.
Then 38438, 37919 will be seen.
If level 37550 broken then whole uptrend will be upside down.
watch carefully A profit booking by Trend Investor may close all/max. long positions.
US 30 Trade Idea Setup - Dow has been moving impulsively for the past months
- The important outlook here is that the trend is slowing down and one rebalancing is needed
- You can keep longing as long as Dow doesn't invalidate 38,900 post that you still need a confirmation
- Calling the TOP out here is stupidity
- follow the trend and long whenever you see deep retracements
Dow Jones GraveStone Doji Spotted!A gravestone doji at top of uptrend spotted at Dow Jones daily tf.
Dow Jones Seems like Dow Jones has been finding resistance at the consolidation breakout target zone. If it fails to move above the recent high in the next few days chances are there it might correct over the short term.
DJI TRG 37900DJI trg 37900 and lower.
Expecting the price to fall to the lower angle. These angles are plotted based on some Gann techniques and work similar to support & resistance levels.
Dow Jones breakdown, this will also effect our market tomorrowDow Jones gave breakdown reason behind this can be CPI data, this will also effect our market tomorrow, next major support 37800/37100
#DJIDJI started itd new impulsive wave from 30 oct 2023 .
Now its currently in its 5th wave and also from time analysis it took 18 days in 5th wave . So from time prospective DJI will continue its bull run for minimum 3 days .
So apply buy on dips with SL 38200
BEARISHPotential selling opportunity on us30
Pay attention to price action and our
Technical analysis where we mark out
what we are looking for on price movement.
Let us know what you think in the comment section!
US30Greetings!
Welcome traders.
By choosing to "Follow", you can stay updated with the latest information promptly. Kindly consider clicking "Boost" as well.
Wishing you a pleasant day.
SELL DOW JONES DJISell dow jones index at around 38387 with an objective of 300 pips target, It is reversing from a key registance level currently. Out Tp is around 38120.
Dow jones US 30 ready for fall , avoid any buying On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
DJI : Head and Shoulder pattern is buildingFor educational purpose
A head and shoulders pattern has four components:
1. After long bullish trends, the price rises to a peak and subsequently declines to form a trough.
2. The price rises again to form a second high substantially above the initial peak and declines again.
3. The price rises a third time, but only to the first peak level, before declining again.
The neckline, drawn at the two troughs or peaks (inverse)
4. After breakdown the neckline with strong volume is the right sign of trend reversal for time duration in which this H&S pattern is building.
5. Check RSI in 1st Peak makes a high, but in 2nd makes lower high, in 3rd another lower high will confirm the trend is not in position sustain it's momentum.
Minimum target of this pattern is the distance between the neckline point to highest point of the Head (Peak) in a straight line in no. of points. the same point will be deducted from the point where this neckline breaks to downward.
DJI is in process of making Head & Shoulder Pattern in HOURLY timeframe
If DJI Break Down Below 38110 then it may touch below levels
Level 1 37650
Level 2 37150
All above assumptions goes wrong If DJI closes above 38555 then a very fast upside will be witnessed double upside.
DJI is showing Convergence IN RSI so it means very likely it may touch aforesaid levels
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
