US30 LONGUS30 is overall in a uptrend . It is currently sideways on 1hr tf . We can plan a long trade after the break of current one hour range targeting 36540.
US30 trade ideas
Can see bullish after 34700The Dow Jones Industrial Average(DJIA) is a price-weighted average of 30 blue-chip prominent companies listed on stock exchanges in the United States and these stocks are generally the leaders in their industry.
US30 - weeklyFor the Dow jones industrial average November had been a great month where we saw a rally from 32600 level, now finally the price has reached near the zone of 36600 to 37000 which is a resistance for the price, also the price is extended without any corrections, so we can expect a fall from this zone. This is not a financial advice, do your own research before placing any trades.
2 Sharks at Swap FL Two sharks at swap FL (RTM) with trendline resistance confluence. lets see how it react
DJI Intraday Prediction Levels for 29 Nov 2023DJI Intraday Prediction Levels for 29 Nov 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 35495,35555,35610,35640,35703,35780,35860,….
Major Supports-35350,35280,35230,35175,35115,35065,3500,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
DJI "At support level"TVC:DJI at improtant support level 32806-33033
After getting resistance from Yearly camarilla H3 ( 3rd resistance reversal level of Camarilla Equation ) represented by YH3 on chart ,now TVC:DJI is trading at Yearly Central pivot Range (32806-33034)
If get a weekly close below 32806 can see further downside toward 31450 (next swing low) and YL3 30867 , but if get an weekly close above 33050 can see YH3 35425 (high of july 2023) .
Suppot and resistance levels used for analysis is Yearly Camarilla Reversal levels (3rd level of reversals) and Yearly central pivot range of 2023.
5th Supercycle expansionSince bottom to bottom duration of bull markets from 1942 is almost same , this can be a case of expansion of 3rd cycle wave of 5th Supercycle.
US30 LONGUs30 is bullish right now and is approaching ATH. we can plan a long trade above the current resistance level after a daily candle close above resistance targeting next level.
Dow Jones US 30 near strong resistance area 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
A good rally coming soonAs per the price pattern the trend is looking very strong and very soon we can expect a good bull trend again above 750+ levels.
DJ on the way to new highs soon.
Have a great trading year ahead.
US30 Buy Trade Unveiled Through Technical AnalysisDescription:
Embark on a lucrative journey with our latest Forex trade opportunity, a compelling Buy Trade on the US30 index, meticulously crafted through comprehensive technical analysis. The US30, often referred to as the Dow Jones Industrial Average, represents a basket of 30 major US companies, making it a prime target for astute traders seeking substantial returns.
Technical Analysis Highlights:
Bullish Trend Formation:
Our technical analysis indicates a robust formation of a bullish trend on the US30 chart. Multiple indicators, including moving averages and trendlines, align harmoniously to signal a favorable upward trajectory.
Support and Resistance Levels:
Crucial support levels have been identified, showcasing a strong foundation for potential price bounces. Additionally, resistance levels have been breached, indicating a bullish sentiment prevailing in the market.
Relative Strength Index (RSI) Confirmation:
The RSI, a key momentum indicator, has provided a clear confirmation of the Buy opportunity. It reflects the strength of the current trend, affirming the positive momentum in the US30 index.
Fibonacci Retracement Analysis:
A meticulous Fibonacci retracement analysis has revealed strategic entry points, allowing traders to capitalize on price corrections within the broader uptrend. This tool further solidifies the viability of the proposed Buy Trade.
Candlestick Patterns:
Detailed examination of candlestick patterns has uncovered significant bullish formations, providing additional confirmation of the potential upward movement in the US30 index.
Forex Pip Target Projection:
With all indicators aligning in favor of a bullish scenario, our Forex pip target projection for the US30 Buy Trade is set at an ambitious yet realistic level. Traders can anticipate a substantial number of pips, creating a promising opportunity for profit maximization.
Risk Management Strategies:
As with any trade, risk management is paramount. Our analysis incorporates recommended stop-loss levels to mitigate potential downsides. Traders are encouraged to implement prudent risk management strategies to safeguard their investments.
Seize the moment and position yourself for success in the Forex market with this US30 Buy Trade opportunity. Stay ahead of the curve, make informed decisions, and let the power of technical analysis guide you towards financial prosperity. Happy trading!
DOW JONES AS we can see price is making Higher High (HH) & Lower Low (LL)
AND came and tested the trend line multiple times
and ones the Price sustain below the trend line
then it will be a good rising wedge pattern
also from last two days brent oil has been risen up
so is that perfect timing to short dow jones
#PRICEACTION
Dow Jones view for 21/11/2023-
Expected to have completed wave 5 formation and the entire impulsive rally from the low of 32332 on oct 28 is complete and expecting a 3 swing correction against this rally. So expecting a decline.
Dow Jones view for tomorrow 20/11/2023-Expected to have complete wave 3 formation and expecting a decline in wave 4 before any further highs to complete wave 5.
US30 SETUPWe can either plan a long trade at the third touch of trend with bullish confirmations or plan a short trade after the break of trend and then retest of trendline with bearish confirmations.
DJI tomorrow viewExpected to be in wave 4 formation within wave 3 and expecting a decline in DJI in wave 4 before any further high to complete wave 5 within wave 3.
Dow Jones Industrail Average bullishDow Jones Average Tomorrow views-
Expected to be in wave 3 formation and expecting a small decline before DJI resumes to rally further high to complete wave 3. Overall expect DJI to trade higher.
US30 ready to go on a hunt for sellers Though overall is still bearish but we will experience a bullish momentum in price this week for the hunt for sellers before price continues below.
Dow JonesAs I had been saying All Along............ The Dow Jones and the SnP are Rallying with a Vengence into the Year End. Given are the only 2 AREAS of SUPPLY for the Dow and above which We RALLY HARD
US30 SETUPus30 is approaching a major resistance zone. we can either plan a short trade with bearish price action at resistance or we can a long trade after the break of resistance level targeting next resistance
US 30 - Reversal signs?For the last 12 months, the index has been moving in a parallel channel. This time came to the lower levels. Today gave a bounce back from the desired level.
If momentum continues, the first target should be 33600.
Setup fails if breaches the lower levels of the parallel channel.
It is only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
