US30 4H :Still under sell pressure
US30
New forecast
The price perfectly fulfills my last idea and price reached to our target +155 pip and still running .
The index price repeatedly presented negative closings below the 33155 level, forming an additional barrier against the bearish attempts. We noticed that it incurred additional losses when it touched the 32981 level.
Therefore the downward scenario will be remain vailed and effective during coming sessions supported by moving average 50 , This calls us to suggest that the price will soon attack the stable obstacle at 32891, and we should point out that achieving a break of this level and holding steady below it will force it to target new negative stations that may start from 32700 and reach towards 32615.
The expect range trading for today it will be between the resistance line 33155 and support line 32700 .
Additionally ,Today New York sessions will affect on the Indices .
support line : 32891 , 32700
resistance line : 33155 , 33251
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price perfectly fulfills my last idea and price reached to our target +155 pip and still running .
The index price repeatedly presented negative closings below the 33155 level, forming an additional barrier against the bearish attempts. We noticed that it incurred additional losses when it touched the 32981 level.
Therefore the downward scenario will be remain vailed and effective during coming sessions supported by moving average 50 , This calls us to suggest that the price will soon attack the stable obstacle at 32891, and we should point out that achieving a break of this level and holding steady below it will force it to target new negative stations that may start from 32700 and reach towards 32615.
The expect range trading for today it will be between the resistance line 33155 and support line 32700 .
Additionally ,Today New York sessions will affect on the Indices .
support line : 32891 , 32700
resistance line : 33155 , 33251
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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