US30 4H - ATH
Dow Jones Index Analysis
Introduction:
As always, further analysis is required. Two possible bullish movement scenarios have been discussed, with a target of breaking the highest price (ATH).
Plan C:
Scenario: A potential drop to 44350, followed by a reversal in the main direction towards the ATH target at 47180.
Condition: This scenario is more likely if there is high volume and strong buyer power.
Plan A:
Scenario: A drop to 44350, followed by a temporary upward movement to the marked range around 45200.
Correction: Afterward, a temporary market correction to 43570.
Main Target: A reversal back to the upward trend with the goal of breaking the ATH.
Likelihood: This plan seems more probable in my opinion.
Conclusion:
Both plans suggest the potential for breaking the ATH, but Plan A is the more likely scenario.
High-accuracy analysis, amazing results!
Introduction:
As always, further analysis is required. Two possible bullish movement scenarios have been discussed, with a target of breaking the highest price (ATH).
Plan C:
Scenario: A potential drop to 44350, followed by a reversal in the main direction towards the ATH target at 47180.
Condition: This scenario is more likely if there is high volume and strong buyer power.
Plan A:
Scenario: A drop to 44350, followed by a temporary upward movement to the marked range around 45200.
Correction: Afterward, a temporary market correction to 43570.
Main Target: A reversal back to the upward trend with the goal of breaking the ATH.
Likelihood: This plan seems more probable in my opinion.
Conclusion:
Both plans suggest the potential for breaking the ATH, but Plan A is the more likely scenario.
High-accuracy analysis, amazing results!
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The analysis remains valid as long as the 43570 level is not broken.
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.