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
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
Dow Jones The Dow Jones is trading near 46,315, pushing toward strong weekly resistance around 47,250; a breakout above this level could set up a move toward the psychological 50,000 zone, while any rejection may trigger a pullback toward the key support areas around 42,000, with deeper cushions near 35,500 a
Bullish SetupPrice is currently consolidating after a recent pullback and holding above the 45,700 zone, which is acting as short-term support. If the price sustains above this level, I expect bullish momentum to continue and price to retest the recent swing high near 46,137.
📈 View: Bullish
🎯 Target: 46,137
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