๐จ US30 Trade Update โ 16/04/2025 ๐จ
๐ Bearish Shift Underway!
US30 has failed to break above the key 40,701 resistance and is now rolling over. Price is losing momentum with a clean rejection and EMA crossover suggesting downside pressure building.
๐ Key Observations:
โ Rejection at 40,701 resistance
๐ป Price now trading below EMA 8 & 21
โ ๏ธ 40,060 is the immediate support to watch
๐งจ Clean break below โ downside opens toward 39,279
๐ฏ Trade Plan:
๐ป Short below 40,060 โ Target 39,279
๐น Long only above 40,701 โ Target 41,200+
๐ต๏ธ Wait for volume confirmation before entry
๐ Structure is weakening โ bulls must act fast, or bears will take full control.
๐ Bearish Shift Underway!
US30 has failed to break above the key 40,701 resistance and is now rolling over. Price is losing momentum with a clean rejection and EMA crossover suggesting downside pressure building.
๐ Key Observations:
โ Rejection at 40,701 resistance
๐ป Price now trading below EMA 8 & 21
โ ๏ธ 40,060 is the immediate support to watch
๐งจ Clean break below โ downside opens toward 39,279
๐ฏ Trade Plan:
๐ป Short below 40,060 โ Target 39,279
๐น Long only above 40,701 โ Target 41,200+
๐ต๏ธ Wait for volume confirmation before entry
๐ Structure is weakening โ bulls must act fast, or bears will take full control.
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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.