Arazmajeed

US30 4H :Still under sell pressure

看空
Arazmajeed 已更新   
OANDA:US30USD   US Wall St 30
US30

New forecast

The price perfectly fulfills my last idea and reached to our target .


The index price confirmed its break of the 32615 level, forming a strong negative attack. We noticed that it suffered huge losses when it touched the 32310 level on Friday, thus achieving the previously suggested negative targets.

Therefore the downward scenario will be remain valid and affective supported by moving average 50 and resistance zone that forms near 32700 ,The price may currently be forced to form some sideways fluctuation, but the general stability below the currently stable barrier near 32700 calls us to adhere to the negative weighting so that we expect it to target a level at 32310 with breach it it will reach to 32057.taking into account that stabilized above 32700 will postponed the bearish waves and support the price to build a positive momentum .

The expect range trading for today it will be between the resistance line 32700and support line 32615.

Additionally Today ,New York sessions and earnings of companies will affect on the Indices .

support line :32311 , 32057
resistance line : 32615 , 32700

Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
取消訂單

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。