US30 4H : Still bullish

Arazmajeed Updated   
OANDA:US30USD   US Wall St 30

New forecast

The index price rose yesterday and maintained its stability above the resistance level at 34052. This will enable it to resume the upward attack, initially targeting the 34292 level, reaching towards 34432.

Therefore the uptrend scenario will be remain valid and effective supported by moving average 50 that is continue to support the price towards higher, taking into account that stability under 34052 will force the price to formed the negative correction

The expect range trading for today it will be between the resistance line 34432 and support line 34052 .

Additionally Today ,New York sessions will affect on the Indices .

support line : 34150 , 34052
resistance line : 34292 , 34432

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:

The price perfectly fulfills my last idea and price is near to reach our target +70 pip
If u want to hold put sl at entry .


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.