US30 4H: Waiting for today news
Updated
US30
New forecast
The index price rose in its recent transactions and consolidated above the resistance level of 36264 after breaking and stabilized above it , confirming the upward trend during today’s trading and targeting the level of 36580 and 36706.
Therefore the upward scenario will be remain valid and effective during coming period supported by moving average 50 that is continue to support the price to rise up ,taking into account that stabilized under 36264 level will put the price under sell pressure and force the price to decline .
The expect range trading for today it will be between the resistance line 36706 and support line 35893 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 36264 , 35893
resistance line : 36580 , 36706
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New forecast
The index price rose in its recent transactions and consolidated above the resistance level of 36264 after breaking and stabilized above it , confirming the upward trend during today’s trading and targeting the level of 36580 and 36706.
Therefore the upward scenario will be remain valid and effective during coming period supported by moving average 50 that is continue to support the price to rise up ,taking into account that stabilized under 36264 level will put the price under sell pressure and force the price to decline .
The expect range trading for today it will be between the resistance line 36706 and support line 35893 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 36264 , 35893
resistance line : 36580 , 36706
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
US30
Update
The price perfectly fulfills my last idea and price reached to our first target +130 pip and still running .
The index price resumed forming an upward crawl, taking advantage of the general stability within the axes of the ascending secondary channel. Let us expect the price to continue offering positive trades during the next period, provided it remains above the level of 36706. After that, let us expect the price to target new positive stations that may start soon from 36830, and then for the price to attempt to achieve new historical gains at 36916.
Therefore the upward scenario will be remain valid and effective during coming period supported by moving average 50 ,taking into account that stabilized under 36580 level will force the price to start a negative correction before any new higher .
The expect range trading for today it will be between the resistance line 36916 and support line 36580 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 36580 , 36264
resistance line : 36706 , 36916
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
US30
UPDATE
The price perfectly fulfills my last idea and price reached to our targets +300 PIP.
The index price succeeded in resuming the upward attack by crossing the barrier centered at 36706 yesterday, recording new historical gains by touching the 37225 level and settling near it. so we expect the upward trend will be continue and targeting 37392 level and 37620 .
Therefore the upward scenario will be remain valid and effective during coming period supported by moving average 50 that is continue to support the price to rise up , taking into account that stabilized under 36706 level will put the price under sell pressure .
The expect range trading for today it will be between the resistance line 37620 and support line 36706 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 36916 , 36706
resistance line : 37392 , 37620
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❤️
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