US30 trade ideas
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
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 UpdateDow did react from POI
Dow currently is looking super bullish
Wait for a retracement before entering longs.
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.
DOW JONES 1D UPDATE - Wait for the price to react from the zones.
- Do not attempt longs blindly
- Wait for the origin to get mitigated.