US30 - Outlook – 08/05/25
Bullish Setup Strengthens on Trade Deal Optimism
This comes just after the Fed reaffirmed that the U.S. economy remains strong, supporting continued upside pressure.
Price is approaching 41580. A 1H candle close above this level confirms bullish continuation toward 42060, with an extended target at 42580 Only a 4H candle close below 41310 would invalidate the bullish structure and open downside … then Target will be 40500 and 39800.
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Bullish Setup Strengthens on Trade Deal Optimism
This comes just after the Fed reaffirmed that the U.S. economy remains strong, supporting continued upside pressure.
Price is approaching 41580. A 1H candle close above this level confirms bullish continuation toward 42060, with an extended target at 42580 Only a 4H candle close below 41310 would invalidate the bullish structure and open downside … then Target will be 40500 and 39800.
Thanks for Supporting if you find this idea then like and comments and also motivating to share more analysis with you.
Trade closed: target reached
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Related publications
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.