Don't miss this sweet 1:10 RRRYour divergence signals plug is back at it again !.
REASON FOR THE SELL TRADE
1. Our 200 EMA is serving as our 50% (Average) level on our RSI.
2. The confluences are as clear as day, both at our previous resistance and our trendline
3. Price is already overbought but not over over bought yet, price must be over over bought at our confluence.
4. Divergence confirmed both in our main price on our chart, RSI and AO.
5. Monday is market open which means prices needs to adjust for the new week meaning, prices need to get centered on a moving average in this case, our 200 Exponential MA.
Right after this post is published, i will set my alert to be received via email and mobile notification so i don't miss this scalping opportunity.
Calculations:
STOP LOSS (SL) is set at 51 points (or pips) whereas our
TAKE PROFIT (TP) is set at a whooping 550 points (or pips)
So therefore, using the following lots on a 50 spread account, you manage a loss and make a profit of:
0.01 (10 cents) = SL - $5.10 TP - $55
0.10 (1 dollar) = SL - $51 TP - $550
1.00 (10 dollars) = SL - $510 TP - $5500
10.00 (100 dollars) = SL - $5100 TP - $55,000
Use proper risk management, use proper money management !.
I have time on my hands hence the essay-like breakdown of this trade lol !.
Dowjonesanalysis
DOW JONES - 33100 DOW Expected to test Levels of 33100 in this current move but It's a ROCK SOLID LEVELS WHICH EXPECT NOT GOING TO BREAK SOON...
33700 IS IMPORTANT LEVELS
Dow Jones: Good Boy! 😎😎😎Who is a good boy? The Dow Jones is! Here, the top was perfectly hit and the following correction also evolves as planned – so far. We expect the course to drop below 34034 points and then attack new all-time highs.
Let’s gooooo!
US30 - Can we get another sell off? (Buy/Sell zones)🙂Technical Overview: - Dow Jones
We like to see price react to our buy zones providing intraday/scalps as they are not meant to be strong as the lower zone marked :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
Dow Jones Index completed its 5% correctionDow Jones broke the first main support line on 34600 and reached to the second one on (33600-33700) zone. Touched it two times but didn't break it.
35600 was the highest point then it started its correction. It almost completed its 5% correction when touched 33600.
A strong bullish movement based on inflation rate, and monetary policies is most likely possible.
us30 create a pattern price moving to create a double bottom pattern and return to touch the moving average
the first target will be in 34300
the second target will be in 34550
stop-loss stabilize price below 33770
Dow Jones: It’s going down!With the bears remaining strong, we adapted our expectations and foresee a decline until somewhere close to around 34035 points. After establishing a low there, the Dow Jones should gain strength again and surpass the resistance at 35547 points.
Be patient!
Dow: Aaaaand Action! 📽📽📽The Dow Jones has a hard time pushing for an offensive to overcome the resistance at 35547 points. However, sooner or later we see the course moving above that resistance and gradually build up new all-time highs until the area around 37607 points is reached.
Good times coming!
DOW an unstoppable bull? 🦐DOW after the recent retracement is consolidating below a minor resistance.
The price retraced and perfectly tested the support structure at the 0.382 Fibonacci level.
According to Plancton's strategy if the price will break above we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
DOW JONES:FUNDAMENTAL ANALYSIS+PRICE ACTION & NEXT TARGET|LONG🔔U.S. stock indices rose in Monday trading after a volatile previous week. The Dow Jones Industrial Average gained 0.61% to 35335.71 points by close of trading on Monday.
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Current wave structure of US30 heading into next week.A majority of the beginning of this week we saw US30 decline, almost at a rapid pace. This was due to the end of a long term Elliot Wave Cycle 5 at the top, then that rapid decline was an ABC(3) wave correction downwards which is where we just had our first W1 and W2 of a new cycle, with W3 in the midst of an impulse wave.
Dow: Turnaround Ahead! 🤠🤠🤠We interpret the current downtrend of the Dow Jones as a temporary correction. The turnaround area should be around 34358 points, which we are about to reach. However, there is still plenty of room on the downside. In total, the Dow should fall to 33623 points at max. Below that line, we will face bigger corrective patterns.
Waiting is key!
Dowjones (US30) 1D TF AnalysisGiven that the price has been successful in breaking the resistance range and has also rebounded to the broken level, we can expect growth of at least 36,000.
US30 - Where we can see buy pressure on the way down 😋Technical Overview: - Dow Jones
Previous analysis -
We also caught this move from the bottom -
We like to see price react to our buy zones providing intraday/scalps as they are not meant to be strong as the lower zone marked :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
US30 - Where we can see buy pressure on the way down 😋Technical Overview: - Dow Jones
Previous analysis -
We also caught this move from the bottom -
We like to see price react to our buy zones providing intraday/scalps as they are not meant to be strong as the lower zone marked :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
Dow Jones Index (US30): 36000 is comingAfter the good growth it has experienced, we expect to have a short-term correction to the specified level and then move on to its new Targets ...
US30 movement with a symmetrical triangle and its possible trendAs you can see, price is being consolidated inside a symmetrical triangle which can shows a possible bearish pattern. We're having a support line on RSI chart as well. If the support line on RSI chart is broken, then we can expect to see a downtrend.
US30 - Where we can see buy pressure on the way down 😋Technical Overview: - US30
Previous analysis -
We also caught this move from the bottom -
We like to see price react to our buy zones providing intraday/scalps as they are not meant to be strong as the lower zone marked :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
DJI Weekly Technical AnalysisDJI Weekly Technical Analysis
All Indicators NEGATIVE
Resistance: 35091,56 - 38542,62
Support: 33271,93 - 32071,41 - 31647,53
Until 30 August we will watch. Technical looking not good.
DJI
Bounce just on the MA, but Im not sure, looks like a bouce, IMO still in the range sideways, possibly 33500 - 34000 is the key level short term
US30 - Where we can see buy pressure on the way down 😋Technical Overview: - US30
Previous analysis -
the one before -
We also caught this move from the bottom -
We like to see price react to our buy zones providing intraday/scalps as they are not meant to be strong as the lower zone marked :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
US30 - CAN WE SEE PRICE SELL OFF? 😋Technical Overview: - DOW JONES
PREVIOUS ANALYSIS
WE CAUGT THIS BULLISH MOVE FROM THE BOTTOM
BEFORE CAN BE FOUND HERE
AFTER IS WHEN YOU SEE OUR CHART :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
STAY UPDATED BELOW!
DJI (I will update the chart every week)Touching a little resistance, but SPX still high, target short term 35800 - 36000
