Arazmajeed

US30 4H: Uptrend

Long
Arazmajeed Updated   
OANDA:US30USD   US Wall St 30
US30

New forecast

The index price recently surrendered to the control of the sideways tendency, although it was affected by the strength of the barrier at 35107. We note that it recently presented a weak sideways fluctuation , and we note that the upward trend In Control because the price trade above 34768

Therefore , we have to wait until breach the resistance line and stabilized above it 35107 and then will help the price to reach 35257 and 35400 levels .taking into account that stabilized under 34768 level will put the price under sell pressure .

The expect range trading for today it will be between the resistance line 35107 and support line 34768 until stabilized .

Additionally Today ,New York sessions will affect on the Indices .

support line : 34768 , 34635
resistance line : 35048 , 35107

Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached:

US30

Update

The price perfectly fulfills my last idea and price reached to out first target +160 pip .

The index price rose yesterday to reach our expected target at 35102, and settled above it, confirming the dominance of the upward trend and waiting fore bullish waves to reach the next targets by reaching around 35257 and 35400 and 35650 levels .

Therefore the upward scenario will be remain valid and effective supported by moving average 50 that is continue to support the price to rise up ,taking into account that stabilized under 35048 level will put the price under negative correction .

The expect range trading for today it will be between the resistance line 35400 and support line 35048 until stabilized .

Additionally Today ,New York sessions will affect on the Indices .

Additionally ,Today News will affect the market .

support line : 35048 , 34768
resistance line : 35257 , 35400

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

US30

UPDATE

The price of index still trading above the support zone after tested the the support line at 35048 level and rebounded from here , so there is no change in the expected bullish trend scenario in the immediate term , for reminder our target will began from 35257 and extend to 35400 and 35650 level .

Therefore the upward scenario will be remain valid and effective during coming period and moving average still support the price to rise up , taking into account that stabilized under 35048 level will force the price to start a negative correction to 34873 level and under it will postponed the bullish trend .

The expect range trading for today it will be between the resistance line 35400 and support line 35048 until stabilized .

Additionally Today ,New York sessions will affect on the Indices .

Additionally ,Today News will affect the market .

support line : 35048 , 34873
resistance line : 35257 , 35400

Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached:

US30

Update

The price perfectly fulfills my last idea and price reached to our first target + 160 pip .

He took advantage of the rise in the index price yesterday and took advantage of its stability within the axes of the ascending channel to form a new upward wave by reaching the stable target at 35260 and to fluctuate near it.waiting fore bullish waves to reach the next targets by reaching around 35400 and 35650 levels.

Therefore the upward scenario will be remain valid , taking into account that it is possible to do retest to 35107 level and the rise up ,and stabilized under 35048 level will postponed the bullish trend .


support line : 35107 , 35048
resistance line : 35400 , 35650

Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Comment:
US30

Update

The price perfectly fulfills my last idea and the price is near to our first target + 90 pip .

our last idea still active and we continue expect the upward scenario will be remain valid for coming period ,

Additionally ,Today News and New York session will affect the market .

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