US30 Analysis: Breakout Confirmed with Possible Correction Ahead
US30 Technical Analysis
The price has broken the previous resistance level at 43,350, as mentioned earlier, and has reached all bullish targets.
Now, a price correction is expected, potentially dropping to 40,450 or 43,350, before pushing upward toward 43,760.
To confirm a bearish trend, the price must break below 43,350 by closing a 1-hour candle, which could lead to a move toward 43,210. Falling below this level would signal further bearish momentum.
Key Levels:
Pivot Point: 43,440
Resistance Levels: 43,760, 43,900, 44,270
Support Levels: 43,350, 43,210, 42,920
previous idea:
The price has broken the previous resistance level at 43,350, as mentioned earlier, and has reached all bullish targets.
Now, a price correction is expected, potentially dropping to 40,450 or 43,350, before pushing upward toward 43,760.
To confirm a bearish trend, the price must break below 43,350 by closing a 1-hour candle, which could lead to a move toward 43,210. Falling below this level would signal further bearish momentum.
Key Levels:
Pivot Point: 43,440
Resistance Levels: 43,760, 43,900, 44,270
Support Levels: 43,350, 43,210, 42,920
previous idea:
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