NR14 Breakout on DOW US30A perfect textbook trading set up on DOW.
Price has been trading sideways after the strength candle formed on the 22nd Aug.
Price has now broken out of the range after 14 days of consolidation.
Pattern range is 1100 points and the target is 46845
Disclaimer: I am not a SEBI registered Analyst
US30 – Rising Wedge on Thin Ice ! The Dow has been pushing higher for weeks, but the structure it’s building isn’t the most comfortable for bulls. Right now, price is sitting inside a rising wedge — a pattern that often looks strong until momentum fades and it breaks lower.
What’s happening now?
Buyers are still trying to defend n
SELLDow Jones Industrial Average – Elliott Wave Cycle Analysis
Following the market crash of 2020, the DJI initiated a new long-term impulsive wave cycle:
- Wave 1: Began on 30 March 2020 and extended through 27 December 2021, marking a strong bullish recovery phase.
- Wave 2: A corrective zigzag patt
Bearish Signal in Dow Jones: Will 45,000 Hold?Dow Jones Analysis – Bearish Signal Emerges
The Dow Jones Industrial Average (DJI) has shown signs of weakness over the past couple of sessions. On Tuesday, the index formed a shooting star candlestick pattern — a classic reversal signal that often indicates exhaustion in the uptrend.
Yesterday,
Dow Jones Update – Short Entry After Red Zone Rejection✅🎯💥Following my previous Dow Jones analysis, price retested the red supply zone near 46,076 and was rejected. It then moved back below the previous high at 46,026, triggering my short entry on the M5 timeframe.
Trade Outcome:
Entry: 46,026 (confirmation after rejection on M5)
Target: Reached Risk/
Dow Jones – Sell on Red Zone Rejection, Buy Above Gray Box✅✅If it confirms during the stock market session, we will trade the Dow Jones only during this time and as a scalper. According to the following scenario:
On the Dow Jones chart, my trading plan is based on two key zones:
Sell Scenario: If price retests the red zone (46,080–46,040) and gets reject
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