DJI trade ideas
US30DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
Elliotical Approach to US30 Short.Hello traders!
1. We see a 5-wave descent of US30 market. This is the beginning of the downtrend that has been expected since our first analysis on 9th January . Ideas attached.
2. The invalidation level is very far. If someone hasn't taken the initial trade on 16th January, best wait for a trade with a better risk reward. Those already in this trade since 16th Jaunuary could risk some for a larger profit. Extensive risk management advised as the protective stop will be very far.
3. At present, there are two variations in count that seem possible. The ABC correction that we see can be wave A of Wave (i) or Wave (ii) itself. More unfolding of the markets required.
4. We have an important resistance zone at 33400-33500 .
5. There is a 38.2 percent retracement level.
6. Even though the market is bearish, we can expect a longer, more complex correction because the market has shown a quick fall of over 1300 points. But, at the same time, not a very deep correction as the bulls have already pushed the market enough for a long time now.
7. Use of Elliotically correct protective stops is advised.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
US30looking for short covering around given zone
waiting for refined entry and extra confirmation
lets see
Inverted Head &Shoulder?Possible Inverted Head & Shoulder formation?? After The Buffet's increased their buying stake @ Chevron Corp...✌️
Elliotical Approach to US30 Short.Hello Traders!
1. The US30 market is on the verge of completing its 2nd wave of Wave C of the complex correction as originally published in a prior idea (link attached).
2. We see an ending diagonal forming in the 1hr tf at the moment.
3. Also, wave 4 often divides an impulse into harmonic ratios. There can be that possibility with the division of 61.8% and 38.2% (total 100%). We take this possibility into picture because we also have the retracement level of 78.6% of wave 1 at almost the same level.
4. What is an invalidation level ? It is the level at which are analysis will have been wronged. So, in this case, if US30 market goes above 34950, our analysis will be wronged and we will have to look for a new picture. That's how accurate Elliot Wave Theory is!
5. Clearer targets will be available when we have a clear impulse down.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
US30 30M PROJECTIONDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
US30 ON A BULLISH WAVE , ENTRY EXPLAINED The new entry iis explained in detail.signals in the premium channels
DJI - Analysis updateDJI after giving a breakout earlier faced rejection in Pitchfork middle band and retested the counter trending. For last two weeks it was consolidating and gave a inside bar breakout in Weekly tf, currently the follow up candle so far looks good and if the momentum continues - it is possible to see a 6-8% upmove minimum in DJI from previous weekly closing .....in coming weeks.
Link to previous DJI analysis in related idea section
US30 Sell OrderDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
Dow Intra 4H setup....Just a contra view wilh bullish bias on US30
Make or Break level marked for Intra..
Happy trading...
trend has broken in 15 mins Trend has broken in 15 mins , expecting 1:1 trade
huge fall in single candle.
As predicted 😎🙌✔I predicted this move on Friday the 7th of January. US30 sky rocketing. lets keep on catching those pips!!!!!!!!