US30
OUTLOOK
The price perfectly fulfills my last idea and price reached to our first target .
Technical abstract :
The index price's losses in yesterday's trading extended to about 33600, thus facing additional support, forcing it to form a temporary sideways fluctuation, as is clear in the attached drawing. We will currently rely on the formation of the 33880 level for the neck of the broken two-peak pattern to confirm the dominance of the bearish tendency for the upcoming trading, and to increase the chances of the price being freed from the influence of the current support. Reaching additional stable negative stations near 33410 , so breaching the support 33600 level will open the way to reach to our target .
keeping in mind that breaching 34043 will postponed the bearish trend .
Additionally ,Today New York sessions will affect on the Indices .
support line : 33600 , 33410
resistance line : 33881 , 34043
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OUTLOOK
The price perfectly fulfills my last idea and price reached to our first target .
Technical abstract :
The index price's losses in yesterday's trading extended to about 33600, thus facing additional support, forcing it to form a temporary sideways fluctuation, as is clear in the attached drawing. We will currently rely on the formation of the 33880 level for the neck of the broken two-peak pattern to confirm the dominance of the bearish tendency for the upcoming trading, and to increase the chances of the price being freed from the influence of the current support. Reaching additional stable negative stations near 33410 , so breaching the support 33600 level will open the way to reach to our target .
keeping in mind that breaching 34043 will postponed the bearish trend .
Additionally ,Today New York sessions will affect on the Indices .
support line : 33600 , 33410
resistance line : 33881 , 34043
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
UPDATE
The price perfectly fulfills my last idea and we get about +130 pip and still running
and now ,if can stable under 33600 then will support the price to reach 33410.