US30: Time to Reverse or Push Higher?

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Hey Traders,

As you can see on the chart, price tapped into a major level around the $37,000 area, where we saw a weekly liquidity grab followed by a 4H change of character — leading to a strong push up to the $40,800 zone.

Now, we’re looking at two possible scenarios:

📌 Scenario 1:
Price pulls back to the $39,100 area and gives a solid 4H confirmation → Targeting the $41,000 zone.

📌 Scenario 2:
Price breaks below the $39,100 area and the trendline, then pulls back into the same level with confirmation → Targeting the $37,000 / $36,000 area.

⚠️ This is not financial advice — just sharing my view on the current setup.

Be safe, be happy, and have a great trading day.
– Mr. Wolf 🐺

Penafian

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