US30 market analysis
US30 Analysis:
• Bullish Momentum: The price is breaking through a fair value gap, indicating strong bullish intent as liquidity is being grabbed.
• Support Zone: The current breakout likely retests lower demand zones before continuation.
• Upside Potential: If price sustains above 44,500 and shows further volume confirmation, it could target higher resistance levels, potentially aiming for significant upside gains.
• Recommendation: Look for bullish continuation patterns and monitor for pullbacks to support zones as optimal entry points for a big buy setup.
• Bullish Momentum: The price is breaking through a fair value gap, indicating strong bullish intent as liquidity is being grabbed.
• Support Zone: The current breakout likely retests lower demand zones before continuation.
• Upside Potential: If price sustains above 44,500 and shows further volume confirmation, it could target higher resistance levels, potentially aiming for significant upside gains.
• Recommendation: Look for bullish continuation patterns and monitor for pullbacks to support zones as optimal entry points for a big buy setup.
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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.
Disclaimer
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.