US30 / Consolidation Zone with a Bearish Bias
US30 Technical Analysis
The price has a consolidate between 42130 and 41970
Bearish Scenario: Breaking 41970 by closing 1h or 4h candle under it, will be a bearish trend to get 41740 and then 41560
Bullish scenario: any breaking above 42130 will support the bullish trend to get 42290 and 42450
Key Levels:
Pivot Point: 42130
Resistance Levels: 42290, 42450, 42590
Support Levels: 41970, 41750, 41560
Trend Outlook:
- Bearish by stability below 41970
- Bullish by stability above 42130
- Consolidation 41970 and 42130
The price has a consolidate between 42130 and 41970
Bearish Scenario: Breaking 41970 by closing 1h or 4h candle under it, will be a bearish trend to get 41740 and then 41560
Bullish scenario: any breaking above 42130 will support the bullish trend to get 42290 and 42450
Key Levels:
Pivot Point: 42130
Resistance Levels: 42290, 42450, 42590
Support Levels: 41970, 41750, 41560
Trend Outlook:
- Bearish by stability below 41970
- Bullish by stability above 42130
- Consolidation 41970 and 42130
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~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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