US30 (Dow Jones) Market Analysis and Trade Setups

That level has been used as support and as a resistance by price several times before, making it a flip zone.
I'm waiting for the current 15mins candle to close bullish, to fully confirm that the zone will hold again as a support. The trendline retest as an added confluence to build my conviction on the possibility of the buy setup.
Still holding my trade.
Entry: 51153, SL: 5087

That level has been used as support and as a resistance by price several times before, making it a flip zone.
I'm waiting for the current 15mins candle to close bullish, to fully confirm that the zone will hold again as a support. The trendline retest as an added confluence to build my conviction on the possibility of the buy setup.
Still holding my trade.
Entry: 51153, SL: 5087

Price is making a retest of the bearish trendline it broke out from, giving me the confidence to add the position.

Entry: 51153, SL: 50873

Price has tilted its interest back to the sell narrative.
This is quite tricky at the moment, and I'm tempted to close out all the positions.
I increased my risk from 0.2% to 0.5% with 3 more positions.
Entry Zone: 51125, SL: 50935

For me the box is actually the valid reaction level for us30 if price breaks above that box level that will be a trend change

what's significant about the box? if you don't mind me asking.
It's quite above my entry Zone: 51125-51136 for the buys and I'm having my SL below 50935

Still holding my positions.
Entry zone:51125-51136,
SL zone: 50935
Total positions running = 5
Total risk = 0.5%

I'll avoid adding any new positions and will hold till the current 4hr closes by 10am before deciding on what to do next.
The week is still starting, so I'm confident if it happens to reach my SL, any loss incurred today will be recovered before the week is over. But I don't intend to incur any losses (No trader wants to either). but I'm conscious it's inevitable.

Did you still buy us30? Thought you closed out?

I closed out on Sells, and took buys, after spotting the trend resistance was invalidated and price revisited it for a retest as a support which confluences with the Flip zone.

But the sells kicked it from 8am, active London session. So, I'll still hold my long position entries at 51125-51136 price level and still maintain my invalidation level (SL) at 50935 till 4hr closes by 10am before deciding on what to do next.

What is your total risk on your open positions?

I closed out on Sells, and took buys, after spotting the trend resistance was invalidated and price revisited it for a retest as a support which confluences with the Flip zone.

But the sells kicked it from 8am, active London session. So, I'll still hold my long position entries at 51125-51136 price level and still maintain my invalidation level (SL) at 50935 till 4hr closes by 10am before deciding on what to do next.

risking 0.1% each and a total of 0.5%.
Account size, $100,000

My key observation is on the 4hr double bottom formation if it will hold at my Entry zone: 51125-51136. and that will be determined by its closure at 10am Nigerian time.
If it doesn't then It'll like want to decline further and I have my protective stop at 50935 to avoid losses beyond that level in case it stretches past that zone.

Price has tilted its interest back to the sell narrative.
This is quite tricky at the moment, and I'm tempted to close out all the positions.
I increased my risk from 0.2% to 0.5% with 3 more positions.
Entry Zone: 51125, SL: 50935

That's a good idea, but don't over leverage, protect your capital

US 30 long setup
Entry: 51132
SL: 50873

Idea: a 1hr double bottom created at the Flip zone, signalling potential buy rally.
The 4hr is still forming, so I'll hold till the 4hr candle closes by 10am.

That's the plan this week. Keep the risk low, protect the capital, and maximize the profits.
I'm waiting for price to break the neckline of this 15mins potential double bottom, to validate the pattern.
Still holding my positions.
Entry zone: 51125-51136
SL: 50935

The us30 longs you anticipated has just started, once that 15min candle hold above that box level I would look for a rejection of the support to go long

Price closed indecisively at the zone despite trading above your reference box and breaking the 15mins of the double bottom.
But on 4hr close, it didn't engulf the previous 4hr bearish candle but closed bullish and confirmed the double bottom. So, my decision is to hold for another 4hrs which is till 2pm where New York Session will get active.
Entry zone: 51125-51136
SL: 50935

Price closed indecisively at the zone despite trading above your reference box and breaking the 15mins of the double bottom.
But on 4hr close, it didn't engulf the previous 4hr bearish candle but closed bullish and confirmed the double bottom. So, my decision is to hold for another 4hrs which is till 2pm where New York Session will get active.
Entry zone: 51125-51136
SL: 50935