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Us30buys

US30 Long Opportunity US30 shows strong bullish confluences at the opening of the week, currently testing the resistance level at 42,900. Price is above above the 50 SMA and favors bullish momentum per the RSI above 55. Potentially retracement towards the break and retest level at 42,400 where we could see a potential continuation of the bullish trend after the market collects enough liquidity. This is support by fundamentals of the day being the cease fire between Iran-Israel. investor more comfortable taking risks and stepping back into the indices.
FX:US30Long
by Fides_Trading
How to Scalp US30In and out is the name of the game as a scalper. The better you understand this the more effective your scalping will be. Some people say that scalping pays the market - this has some truth to it but I want to explain why. It is because of traders who don't correctly know what a scalp is supposed to be. A scalp is meant for you to just take something off the top; Thus "scalp". What this means is, it isn't much you are asking for 9/10 times and this is why scalping generally pays the market. It is because most scalpers lose due to not knowing that they shouldn't really be in those trades for long. We need to operate like speedsters from these TV shows like the flash. Handle your business in lightning speed. This is how I think you could more effectively scalp. Have a good day folks - I'm done for the day
FX:US30Long
by Brandon_evo4
US30/USD Longs from 38600.0My bias remains strongly bullish for US30 this week. We've witnessed another significant break in structure to the upside, accompanied by robust bullish momentum, reinforcing the prevailing trend. I anticipate a retracement back to a demand level to sustain this upward movement. Upon reaching the daily demand zone, I'm eyeing a refined 10-hour demand zone for a potential bullish reaction. Additionally, I'll be on the lookout for a Wyckoff accumulation pattern within this area My confluences for US30 Buys are as follows: - Price broke structure to the upside once again leaving a clean daily demand. - Overall trend and the current trend remain to be very bullish. - Candlestick anatomy also shows that bulls remain stronger than bears. - Can expect a pullback to mitigate the levels of demand. - Wick left to the upside that needs to get filled and price has been moving impulsively. P.S. We observed a minor sell-off two weeks ago, followed by a resurgence that breached the previous high. Currently, I'm not actively seeking selling opportunities. However, I wouldn't be surprised if price establishes a supply zone, offering a chance to sell back towards the marked demand zone.
OANDA:US30USDLong
by Hassan_fx
US30/USD Longs from 36600.0 back upUS30 doesn't currently capture my interest due to significant ranging and the build up of liquidity, awaiting a breakout. Once the breakout occurs, whether to the upside or downside, opportunities can be seized. Given the overall bullish sentiment, the demand zone for potential buys holds more appeal. I'll await a downside breakout, fill the imbalance, and then address my 4hr demand zone. In case price breaks higher, establishing new highs, I'll look for a fresh demand level for buying opportunities. Alternatively, if the price breaks down and undergoes a character change, it may create a supply zone for potential short-term sells. Confluneces for US30/USD Buys are as follows: - Price is ranging a building liquidity due for a breakout and to eventually react off a zone. - A demand zone below triggered a break of structure to the upside. - The market trend is longterm bullish, aligning with this idea. - Imbalance above the demand signals favourable reaction at my POI. - lots of liquidity above, including trend lines and untouched Asian highs. - Price needs to dip to a significant demand level for an upward rally to persist. P.S. I'm currently holding off on immediate trades, waiting for price to initiate a breakout. The market appears to be in a consolidation phase, and I'll only consider entering trades once price establishes a clear direction to sweep liquidity. Have a great trading week ahead everyone!
OANDA:US30USDLong
by Hassan_fx
1
US30USD Longs from 36600.0 back upThis week's analysis for US30 is distinctly bullish, given its aggressive surge past the all-time highs (ATHs). I believe there's further upside potential, providing traders with opportunities to explore nearby long positions for potential gains. In the provided image, I've identified three potential demand zones where I'll be looking for an accumulation. Among the identified zones, the first is the 4-hour demand zone, situated closest to the current price. To maximise the potential for a positive bullish response, I am particularly inclined towards the areas surrounding the 11-hour or 8-hour demand zones at the bottom, deeming them as the most optimal zones. Confluences for US30 Buys are as follows : - Overall market trend on higher time frame as well as lower time Frame remains very bullish. - There are no additional supply zones above that the price can respond to, only demand zones where we can anticipate another upward rally. - So much liquidity to the downside that price has left including imbalances, asian lows, and trend lines. - Three clear demand zones have been established in close proximity to the current price, and it is highly probable that the price will exhibit a reaction from these zones. - Candle sticks on HTF are still very bullish carrying a lot of strong momentum which indicates buying pressure is still not yet exhausted. P.S. Despite the robust bullish performance of US30, marked by its attainment of all-time highs (ATHs), it wouldn't be unexpected for the price to initiate a bearish trend. This expectation is rooted in the substantial liquidity and imbalances that remain below. However, considering the absence of a significant CHOCH to the downside, I maintain a strong bullish stance on the market at present.
OANDA:US30USDLong
by Hassan_fx
1
US30 mini Retest 30400- 30800 (15 min) Digging into the sub 29k region, we found support at 29800 levels. i bought in today 6.20.22 during the NY session @ 3093 / 30102/ 30120 and i have a 30193 position opening up shortly. This is a mini retest. I do not expect anything more than 30300-30400 level. The 30300 levels mimics the dec 20 levels which is right before the explosion to 30700s. i don't deem this a TRUE breakout just a mini test. *** i do have a short order pending at 30050 incase we do fail that would bring lower 29800 flash through to tap the weekly MA at 29300 which signals a FULL bear market and further chaos. ****
ULong
by chestephens1
US30 BUY IDEAHello everyone, Today I'm really gonna go in depth on my explanation for my BIAS for this trade set up I have an eye on and I am waiting for. The main Idea being, Last week's High was created on Tuesday around level 35500 where I have the left hand side chart showing the Right shoulder reaching up to that light blue box -- Tuesday's Old High (March 29th). We can also see that Thursday we create sellside liquidity (W), that gets taken by 150+ pips on Friday (during NY session) before the rally that takes buyside liquidity and creates a BOS. Once that burst happens and takes Buyside liquidity -- we are left with a FVG which is basically just an imbalance in the market (we can see it is a massively large blue candle) meaning it resided only with bullish buyers -- no sells took place during that period in time. So we can then come to expect price to come down in order to fill in that area on imbalance. I then took my fib to see if it was hitting any ideal level of discount -- which it is the 0.705 -- could come lower into the 0.786 which im allowing my SL to give me room for that. I am also using that consolidation zone that was created during wed-thurs session which was raided friday during new york to serve as a support for my buy bias. Expecting that FVG + Supoort level and my Buy idea that It wants to go for Tuesday's Highs. I will update my bias as it goes --
ULong
by BDripTradess