US30 - 12H (Being bullish) correction
US30
The price succeeded at the bullish zone after breaking the strong resistance line which is 35600
All elements being bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOW-JONES
as long as the price remains well above 36010. The buyers' bullish objective is set at 36225. A bullish break in this resistance would boost the bullish momentum.
The buyers could then target the resistance located at 36500 and 36800
In the very short term, technical indicators confirm the bullish opinion of this analysis.
BUT stabilizing under 36000 will drop to do a correction till 35630
Pivot line: 36000
Resistance Prices: 36220 & 36500 & 36800
Support Prices: 35700 & 35360 & 35050
The movement range will be between 35630 and 36800
The price succeeded at the bullish zone after breaking the strong resistance line which is 35600
All elements being bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOW-JONES
as long as the price remains well above 36010. The buyers' bullish objective is set at 36225. A bullish break in this resistance would boost the bullish momentum.
The buyers could then target the resistance located at 36500 and 36800
In the very short term, technical indicators confirm the bullish opinion of this analysis.
BUT stabilizing under 36000 will drop to do a correction till 35630
Pivot line: 36000
Resistance Prices: 36220 & 36500 & 36800
Support Prices: 35700 & 35360 & 35050
The movement range will be between 35630 and 36800
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t.me/Srosh_signals
~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
