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US304-hourBullish

Dow Jones (US30) 4-hour (SMC): buy the 51990–52370 zone

FXFibo editorial · · 1 min read
Summary

The 4-hour structure in Dow Jones (US30) is bullish: a liquidity sweep below the 50792 low and a strong rebound, with price now around 52659. The 51990–52370 area is the main buy zone.

BiasBullishEntry zone52250Stop loss51550Target 152992Target 253600StatusActive
Invalidation: 4-hour close below 51690
Dow Jones (US30) 4-hour (SMC): buy the 51990–52370 zone

Main scenario

  • Entry zone: 51990–52370 (around 52250)
  • Stop: 51550
  • Targets: 52992 and 53600
  • Enter after candle confirmation or an aligned CHoCH on a lower timeframe

Alternative scenario

A 4-hour close below 51690 invalidates the main scenario and opens the way to 51690.

Key levels

  • Resistance: 52992, 53600, 53807
  • Support: 52370, 51990, 51690

Market-moving events

  • Tue 10 Nov: US CPI
  • Thu 12 Nov: UK GDP and US jobless claims
  • Fri 13 Nov: US PPI and euro-area GDP
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⚠ This analysis is educational and is not a buy or sell recommendation. Trading financial markets carries the risk of losing capital.