US30 4H : Support further rise up
Updated
US30
New forecast
The price perfectly fulfills my last idea and price reached to our targets + 150 pip.
Yesterday, the index price presented some sideways fluctuation by positioning itself near 37392, trying to gather more positive momentum to enhance the chances of it resuming the previously awaited upward attack, to support our bullish bias to remain waiting for the price to move soon towards the stable target at 37758, reaching towards the resistance of the ascending secondary channel extending towards 38124.
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 37163 level will force the price to start a negative correction .
The expect range trading for today it will be between the resistance line 38124 and support line 37163 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 37163 , 36916
resistance line : 37758 , 38124
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 price perfectly fulfills my last idea and price reached to our targets + 150 pip.
Yesterday, the index price presented some sideways fluctuation by positioning itself near 37392, trying to gather more positive momentum to enhance the chances of it resuming the previously awaited upward attack, to support our bullish bias to remain waiting for the price to move soon towards the stable target at 37758, reaching towards the resistance of the ascending secondary channel extending towards 38124.
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 37163 level will force the price to start a negative correction .
The expect range trading for today it will be between the resistance line 38124 and support line 37163 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 37163 , 36916
resistance line : 37758 , 38124
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❤️
Note
US30UPDATE
The price perfectly fulfills my last idea and price reached to near to our profit +100 pip. so if you want to hold put SL at entry .
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