US30 4H : it will breach the resistance or not
US30
New forecast
Yesterday, the index price rose up in the upward corrective path, recover for some losses by testing the additional stable barrier near 33155 - 33251 and settling below it till now .
Therefore, we will wait for the price to reach that level and then we will decide the next direction, so if price can stabilized above resistance zone at 33251 the upward trend will be activate and will build the bullish waves to reach 33450, on the other hand if price failure to stabilized above the resistance zone then will forced the price to drop again and targeting the negative targets 32891 and 32700.
The expect range trading for today it will be between the resistance line 33251 and support line 32891.
Additionally Today ,New York sessions and earnings of companies will affect on the Indices .
support line : 32891 , 32700
resistance line : 33155 , 33251
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
Yesterday, the index price rose up in the upward corrective path, recover for some losses by testing the additional stable barrier near 33155 - 33251 and settling below it till now .
Therefore, we will wait for the price to reach that level and then we will decide the next direction, so if price can stabilized above resistance zone at 33251 the upward trend will be activate and will build the bullish waves to reach 33450, on the other hand if price failure to stabilized above the resistance zone then will forced the price to drop again and targeting the negative targets 32891 and 32700.
The expect range trading for today it will be between the resistance line 33251 and support line 32891.
Additionally Today ,New York sessions and earnings of companies will affect on the Indices .
support line : 32891 , 32700
resistance line : 33155 , 33251
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached:
US30
The price perfectly fulfills my last idea and price reached to our negative target +250 pip.
now price trying to breach that level and if successfully to breach and stability above it then the positive target will be activate and will postponed the bearish waves .
The price perfectly fulfills my last idea and price reached to our negative target +250 pip.
now price trying to breach that level and if successfully to breach and stability above it then the positive target will be activate and will postponed the bearish waves .
