CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!

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Brief Description🖊️:

The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 38.160 to 38.100, respectively, is highlighted.

Things I Have Seen👀:


Important Demand Zone🟢: Identified between 38.160-18.100, serving as a low-risk buy.


Bullish Targets📈:

38.300: Possible retracement area.
38.550: Possible retracement area.
38.800: Possible retracement area.
39.030: Significant supply zone.
Ultimate Target: 39.130- Liquidity area.



What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.

Penafian

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