Arazmajeed

US30 4H : under 32891 will be more bearish

Short
Arazmajeed Updated   
OANDA:US30USD   US Wall St 30
US30

New forecast

The price perfectly fulfills my last idea
and price reached to our first target +200 pip .

Yesterday, the index price returned to form new negative waves. We notice that it is currently fluctuating near the stable support at 32891, trying to find an opportunity to achieve a breakout and stabilized under it , opening the door to resuming the main bearish attack suggested previously.



Currently, the price may be forced to continue offering weak sideways trades so that we can wait for it to accumulate additional negative momentum to facilitate the task of achieving the breakout, and then begin targeting the stable negative stations at 32700, reaching towards 32615. also it is possible to do a retest and then will drop so we have to wait until breach the 32891 and then sell it .

The expect range trading for today it will be between the resistance line 33155 and support line 32700 .


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

New forecast

The price perfectly fulfills my last idea and price reached to our target +210 pip.

Yesterday, the index price presented new negative trading by sneaking below the stable support at 32890, thus touching the 32700 level and then bouncing directly towards the broken support.


We recommend waiting for the price to confirm breaking the previously mentioned support, so that this opens the door to resuming the negative attack, and then to start targeting additional negative stations currently stable at 32615, reaching towards 32310. so it is possible to retest to 32890 and the drop again and keeping in mind stabilized above 32891will postponed the bearish attempts .


The expect range trading for today it will be between the resistance line 32891and support line 32615.

Additionally Today ,New York sessions and earnings of companies will affect on the Indices .

support line :32700 , 32615
resistance line : 32891 , 33155

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

UPDATE

The price perfectly fulfills my last idea and reached to our target +400 pip.

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