US30 (Dow Jones) — 4H Chart
Price is currently hovering around a key support zone near 37,000 after a strong bearish impulse.
Scenarios I'm Watching:
▸ Bullish Scenario:
If the support zone holds and price reclaims 37,500 — I would look for price to retest the 38,300-38,800 zone.
A clean break and hold above 39,500 could open doors towards the 40,000-41,000 resistance area.
▸ Bearish Scenario:
If price fails to hold this support, and breaks below 36,850 — I expect further downside towards the next key supports:
35,800
34,500
33,000
Trading Plan:
Waiting for clear price action confirmation at this support zone.
Will avoid trading in the middle of the range — prefer breakout or retest setups.
Levels marked on chart for clarity.
If you found this analysis valuable, kindly consider boosting and following for more updates.
Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
Price is currently hovering around a key support zone near 37,000 after a strong bearish impulse.
Scenarios I'm Watching:
▸ Bullish Scenario:
If the support zone holds and price reclaims 37,500 — I would look for price to retest the 38,300-38,800 zone.
A clean break and hold above 39,500 could open doors towards the 40,000-41,000 resistance area.
▸ Bearish Scenario:
If price fails to hold this support, and breaks below 36,850 — I expect further downside towards the next key supports:
35,800
34,500
33,000
Trading Plan:
Waiting for clear price action confirmation at this support zone.
Will avoid trading in the middle of the range — prefer breakout or retest setups.
Levels marked on chart for clarity.
If you found this analysis valuable, kindly consider boosting and following for more updates.
Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.