US 30 4H : Under sell pressure
Updated
US30
New forecast
The index price succumbed to negative pressures, announcing the postponement of the upward attack, forming several downward corrective waves, through which it settled near 37400.
We would like to note that the continued exposure of the price to negative pressures and the stability of the obstacle represented by the level of 37814 will increase the effectiveness of the downward corrective path. We expect it to soon target the initial support centered at 37306, and then let us monitor its behavior so that we can determine the proposed targets for the upcoming trades. A fall below this support will increase the chances of the price resuming. For the bearish corrective attack, we expect it to reach around 37143 and 36916 in medium-term trading.
The expect range trading for today it will be between the resistance line 37814 and support line 37143 until stabilized .
support line : 37306 , 37143
resistance line : 37645 , 37814
Attention : We don't have any group in telegram be careful about scammer.
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 index price succumbed to negative pressures, announcing the postponement of the upward attack, forming several downward corrective waves, through which it settled near 37400.
We would like to note that the continued exposure of the price to negative pressures and the stability of the obstacle represented by the level of 37814 will increase the effectiveness of the downward corrective path. We expect it to soon target the initial support centered at 37306, and then let us monitor its behavior so that we can determine the proposed targets for the upcoming trades. A fall below this support will increase the chances of the price resuming. For the bearish corrective attack, we expect it to reach around 37143 and 36916 in medium-term trading.
The expect range trading for today it will be between the resistance line 37814 and support line 37143 until stabilized .
support line : 37306 , 37143
resistance line : 37645 , 37814
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like❤️
Trade closed: target reached
US 30The price perfectly fulfills my last idea and price reached to our targets +200 PIP and still running ...
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