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US30 4H : Support further rise up

Long
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OANDA:US30USD   US Wall St 30
US30

New forecast

The price perfectly fulfills my last idea and price reached to our targets + 150 pip.


Yesterday, the index price presented some sideways fluctuation by positioning itself near 37392, trying to gather more positive momentum to enhance the chances of it resuming the previously awaited upward attack, to support our bullish bias to remain waiting for the price to move soon towards the stable target at 37758, reaching towards the resistance of the ascending secondary channel extending towards 38124.

Therefore the upward scenario will be remain valid and effective during coming period ,supported by moving average 50 that is continue to support the price to rise up . taking into account that stabilized under 37163 level will force the price to start a negative correction .

The expect range trading for today it will be between the resistance line 38124 and support line 37163 until stabilized .

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

Additionally ,Today News will affect on the market .

support line : 37163 , 36916
resistance line : 37758 , 38124

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US30

UPDATE

The price perfectly fulfills my last idea and price reached to near to our profit +100 pip. so if you want to hold put SL at entry .

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