US30 4H : Under 32891 will drop
Updated
US30
New forecast
The price perfectly fulfills my last idea and price reached to our negative target +250 pip.
The price of index rose up and reached to near the resistance zone and the rebounded from it at 33155 ,so as long as price trade under that zone the price will be continue at the bearish trend, To invite us to wait for the price to accumulate negative momentum to breach and stabilized under 32981 to reach our targets began 32700 and extend to 32615
Therefore the downtrend scenario will be remain valid supported by moving average 50 that is continue to push the price to decline for reminder our target will be activate when price can stable under 32891 , taking into account that breach and stabilized above 33155 will postponed the bearish trend and will push the price to build the positive momentum .
The expect range trading for today it will be between the resistance line 33251 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 negative target +250 pip.
The price of index rose up and reached to near the resistance zone and the rebounded from it at 33155 ,so as long as price trade under that zone the price will be continue at the bearish trend, To invite us to wait for the price to accumulate negative momentum to breach and stabilized under 32981 to reach our targets began 32700 and extend to 32615
Therefore the downtrend scenario will be remain valid supported by moving average 50 that is continue to push the price to decline for reminder our target will be activate when price can stable under 32891 , taking into account that breach and stabilized above 33155 will postponed the bearish trend and will push the price to build the positive momentum .
The expect range trading for today it will be between the resistance line 33251 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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