DOWUSD trade ideas
DOW TARGET COMPLETEFAfter breakout of neckline Dow again retressed to 50DEMA and continued it's uptrend
Target of H&S pattern was set to 35k which completed.
Now all markets over world are in no trade zone.
If DOW move up to blue line corner then one can think to short
Us30 trade Us30 go down Target profit-34660
Sl-35470 sell take profit RR proper risk management study after trade 🤗
Dow Jones _LongDow Jones breakout from range of 3200 point...expecting this 3200 points to come on upside in coming months...
US30 BreakoutIn the above idea i showed a triangle breakout with bearish momentum followed with break of structure leads to a bearish momentum
DowJones | Ascending Triangle | Classic Breakout Price above 50EMA and 200EMA. Macd crossed above signal line. Rsi support increasing.
On Daily candle it gave a clear breakout of Ascending triangle Pattern.
High Conviction
Buy = 35000
Short Term Target = 36500
Dow JonesThis chart of the Dow too was posted a few months ago. It is all self explainatory..... We are BARELY surviving above the ...... MEDIAN....... Do not be OVER ENTHUZIASTIC at this stage. Even if we move up a few points from here.... Time to be CAUTIOUS on Markets the World over now. It is better to stay invested in Deliveries rather than Futures
US30 LongUs30 is forming daily and 4hr double bottom.
buys above 34650.
look for a daily candle close near 34600 for confirmation.
Ascending Triangle in Dow JonesDaily candle closing above the mentioned level will confirm the Break out.
The levels are the expected target in the chart.
All the analysis and levels are only for educational purpose.
LONGThe summary of Dow Jones Industrial Average Index is BULLISH,
we have seen NFP came out on Friday and we had a weak dollar
which drive the dow towards the upside.
Price is currently at a major resistance where we can see sellers
drive price back into 33631 nearest support, or 33315 support area.
pay attention to price action and keep and eye on US30
US 30 Dow trade setup againWhile the market is going to break the trendlines, i broke before but did not gave the move for the downside, now the time is to jump for this trade with Risk management.
Trade setup US30 Dow jonesmarket is positivw, however it is not pushing price upper side & we can see a trendlines which is broken for the dowbn move.
US30 Shortus30 forming a higher tf double top.
sells below 33550 as it breaks and closes below the neckline.
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Dow 3000 point upside comingJuly 5, 2023, IST 11:32, PM
Dow formatting invert head & shoulder pattern, if index sustain above 34500 then 3000 points is awaiting on upside & it will be coming in next 4 to 6 months. I believe is index is consolidated more than 9 months in between 34500 to 33000, now it's time to breakout where RSI is perfectly stand near 55, so price has strength & space to reach at higher side.
D@TRADER
DOW : RECOVERED H & S PATTERNDow had completed H & S pattern briefly it traded above neckline and then retraced. On 26th June it formed indecisive candlestick and next day it made huge green candlestick confirming rising star like pattern. long was initiated on confirmation candlestick pattern, and pattern target was set to 35k if Dow regain neckline and trade above it. Today Dow had broken neckline and is trading above it from last 3 hrs. Also it was noticed , Dow is now completing Shark pattern whose target is 35k.
Conclusion DOW is Hedding towards 35k
buy dow 34000 pe and make some money buy dow 34000 pe and make some money beacause it crosses 200ema in 21 min good for scalping
DOW NEARING NECK LINE. Timely reversal of bullish view from bearish helped to grab 300 points. Now DOW is near to H&S neckline @ 34200. Trade above it means H&S patern target on browser in few weeks. H& S pattern target is calculated distance from near shoulder to head. i.e 1000 points that works out to 34200 + 1000 = 35200.
