US30 4H : Upward
Updated
US30
New forecast
Yesterday, the index price achieved new historical gains by touching the level of 38124, then it was forced to form a temporary sideways fluctuation by settling near 38000. However, this will not affect the main upward path due to the repeated stability above the stable support at 37814.
The price may currently continue offering sideways trades until it gathers additional positive momentum to enable it to renew upward attempts, which may soon target the 38460 level, reaching the historical resistance extending towards 38850.
The expect range trading for today it will be between the resistance line 38460 and support line 37814 until stabilized .
support line : 37814 , 37645
resistance line : 38124 , 38460
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New forecast
Yesterday, the index price achieved new historical gains by touching the level of 38124, then it was forced to form a temporary sideways fluctuation by settling near 38000. However, this will not affect the main upward path due to the repeated stability above the stable support at 37814.
The price may currently continue offering sideways trades until it gathers additional positive momentum to enable it to renew upward attempts, which may soon target the 38460 level, reaching the historical resistance extending towards 38850.
The expect range trading for today it will be between the resistance line 38460 and support line 37814 until stabilized .
support line : 37814 , 37645
resistance line : 38124 , 38460
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.
The index price ended yesterday's trading by achieving new historical targets by reaching around 38350 and then forming an instantaneous rebound with the aim of catching its breath before resuming the upward attack again.
Therefore the upward scenario will be remain valid and effective during coming period ,The continuation of the formation of the 37814 level to extend additional support, and with the main indicators uniting to provide positive momentum, this will increase the chances of the price forming a new upward impulse, so we expect it to be attracted towards 38460, reaching the main resistance currently represented by the 38850 level.
The expect range trading for today it will be between the resistance line 38850 and support line 37814 until stabilized .
Additionally ,Today News will affect on the market .
support line : 37814 , 37645
resistance line : 38460 , 38850
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 The price perfectly fulfills my last idea and price reached to our targets +800 PIP .
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