CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!🎯
Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 38550 to 38490. Additionally, medium-risk buy zone between 38630-38570, respectively, are highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified between 38550 and 38490, serving as a low-risk sell.
Medium-Risk Buy Zone🟠: Positioned between 38630 and 38570, suggesting another area with moderate risk for potential buying positions.
Bullish Targets📈:
38570: Possible retracement area.
38700: Possible retracement area.
38850: Possible retracement area.
39000: Possible retracement area.
39300: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 38550 to 38490. Additionally, medium-risk buy zone between 38630-38570, respectively, are highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified between 38550 and 38490, serving as a low-risk sell.
Medium-Risk Buy Zone🟠: Positioned between 38630 and 38570, suggesting another area with moderate risk for potential buying positions.
Bullish Targets📈:
38570: Possible retracement area.
38700: Possible retracement area.
38850: Possible retracement area.
39000: Possible retracement area.
39300: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.