๐ฅ US30 Breakout Confirmed โ May 1, 2025 ๐ฅ
๐ We Finally Cleared the Range!
US30 just exploded past the 40,360-40,700 resistance, tagging 40,870 with strength. This is the clean breakout bulls were waiting for โ structure broke, EMAs supporting, and momentumโs on the side of the buyers ๐ช๐
๐ Technical Breakdown:
โ Clean breakout above 40,700
๐ Higher highs + higher lows confirmed since 4/19
๐ง Break + retest of 39,775 support zone last week
๐ EMAs (blue & white) strongly sloped upward = trend confirmation
๐ฏ Trade Ideas:
Breakout Pullback Entry:
๐ Wait for a retest of 40,700 โ 40,750
๐ฏ Targets: 41,200 โ 42,000 โ 42,359
Aggressive Longs:
Enter now with tight risk under 40,700
๐ Target next resistance at 42,359 or even 42,787 in the coming sessions
Bearish Invalidated Until:
๐ป 39,775 breaks โ no shorts while above EMAs + structure
๐ We Finally Cleared the Range!
US30 just exploded past the 40,360-40,700 resistance, tagging 40,870 with strength. This is the clean breakout bulls were waiting for โ structure broke, EMAs supporting, and momentumโs on the side of the buyers ๐ช๐
๐ Technical Breakdown:
โ Clean breakout above 40,700
๐ Higher highs + higher lows confirmed since 4/19
๐ง Break + retest of 39,775 support zone last week
๐ EMAs (blue & white) strongly sloped upward = trend confirmation
๐ฏ Trade Ideas:
Breakout Pullback Entry:
๐ Wait for a retest of 40,700 โ 40,750
๐ฏ Targets: 41,200 โ 42,000 โ 42,359
Aggressive Longs:
Enter now with tight risk under 40,700
๐ Target next resistance at 42,359 or even 42,787 in the coming sessions
Bearish Invalidated Until:
๐ป 39,775 breaks โ no shorts while above EMAs + structure
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.
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.