US30 / Key Levels for Breakout from Consolidation Zone

31 окт.

US30 Technical Analysis

Following the retest at 42,450, the price has dropped approximately 500 points as anticipated.

Currently, US30 is expected to consolidate between 41,970 and 42,130 until a breakout occurs.

Bearish Scenario: The price needs to break 41960 and stabilize under it to continue the bearish side toward 41740 and 41560

Bullish scenario: any breaking above 42130 will support the bullish trend to get 42290 and 42450

Key Levels:
Pivot Point: 41970
Resistance Levels: 42130, 42290, 42450
Support Levels: 41750, 41560, 41350

Trend Outlook:
- Bearish by stability below 41970
- Bullish by stability above 42130
- Consolidation 41970 and 42130

31 окт.

Сделка закрыта: достигнута тейк-профит цена

#US30
Update

Moving Well +220 pip ✅

as we mentioned still running to 41745, and already reached there, now will make a movement between 41745 and 41970 till breaking
stability under 41745 will support bearish to 41560

Timeframe 4h, 1h
Current price 41760