US30 4H : still bullish
US30
New forecast
The price perfectly fulfills my last idea and we got about +160 pip .
The index price was surprised by strong positive pressure, and continue to forcing it to postpone the negative attack by forming upward corrective waves, thus stabilized above the stable barrier at 33767.
The scenario for the current period depends on the strength of the current barrier. We expect that with its stability above 33767 , the price will renew the positive attempts to initially target the 34045 level, reaching about 34300 in the medium period trading, while its breach of the 33600 barrier and presenting it to a negative close will confirm its readiness to resume the bearish corrective attack.
The expect range trading for today it will be between the resistance line 34045 and support line 33767 until stabilized .
Additionally ,Today New York sessions will affect on the Indices .
support line : 33767 , 33600
resistance line : 34045 , 34306
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 we got about +160 pip .
The index price was surprised by strong positive pressure, and continue to forcing it to postpone the negative attack by forming upward corrective waves, thus stabilized above the stable barrier at 33767.
The scenario for the current period depends on the strength of the current barrier. We expect that with its stability above 33767 , the price will renew the positive attempts to initially target the 34045 level, reaching about 34300 in the medium period trading, while its breach of the 33600 barrier and presenting it to a negative close will confirm its readiness to resume the bearish corrective attack.
The expect range trading for today it will be between the resistance line 34045 and support line 33767 until stabilized .
Additionally ,Today New York sessions will affect on the Indices .
support line : 33767 , 33600
resistance line : 34045 , 34306
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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