Technical Analysis:
Strong Resistance at 44,750 - 44,959
US30 is approaching a strong resistance zone where price previously faced rejection.
This area coincides with the EMA 33 and a key supply zone.
Fibonacci Retracement 0.618 - 0.786
The price is reaching the 0.618 – 0.786 Fibonacci retracement levels, which are often reversal zones.
In the previous attempt, selling pressure increased significantly at this level.
Price Structure
US30 has shown a previous downtrend and is now retracing towards a critical resistance level.
If the price fails to break above 44,950, a further decline is highly likely.
Declining Volume
During the price increase towards resistance, trading volume has been weakening.
This indicates that buying momentum is fading, increasing the chances of a bearish reversal.
Trading Strategy:
Sell Entry Zone: Around 44,750 - 44,950
Stop Loss: 45,195 (above resistance zone)
Take Profit Targets:
Target 1: 44,200 (EMA 33 Low)
Target 2: 43,780 - 43,770 (strong support zone)
🎯 Risk-to-Reward (R:R) Ratio Estimate: 1:3 – A favorable setup if price reacts as expected.
Strong Resistance at 44,750 - 44,959
US30 is approaching a strong resistance zone where price previously faced rejection.
This area coincides with the EMA 33 and a key supply zone.
Fibonacci Retracement 0.618 - 0.786
The price is reaching the 0.618 – 0.786 Fibonacci retracement levels, which are often reversal zones.
In the previous attempt, selling pressure increased significantly at this level.
Price Structure
US30 has shown a previous downtrend and is now retracing towards a critical resistance level.
If the price fails to break above 44,950, a further decline is highly likely.
Declining Volume
During the price increase towards resistance, trading volume has been weakening.
This indicates that buying momentum is fading, increasing the chances of a bearish reversal.
Trading Strategy:
Sell Entry Zone: Around 44,750 - 44,950
Stop Loss: 45,195 (above resistance zone)
Take Profit Targets:
Target 1: 44,200 (EMA 33 Low)
Target 2: 43,780 - 43,770 (strong support zone)
🎯 Risk-to-Reward (R:R) Ratio Estimate: 1:3 – A favorable setup if price reacts as expected.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.