US30 ( UNDER BEARISH PRESSURE ) (4H)

Jul 29, 2024

US30

HELLO TRADERS

• Tendency , the price is under bearish pressure , until trading below 40,884 .
  
  
• TURNING LEVEL (1) : the price of this level at 40,884 , so if the price breaking this level reach a resistance level (1) .
  
  
• TURNING LEVEL (2) : the price of this level at 40,665 , so if the price breaking this level reach a support level (1) .
  
  
• RESISTANCE LEVEL (1) : this level around 41,351 , for reach this resistance level the price need breaking a turning level (1) .
  
  
• RESISTANCE LEVEL (2) : around 41,755 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) .
  
  
• SUPPORT LEVEL (1) : this level around 40,315 , for reach this support level the price need breaking a turning level (2) .
  
  
• SUPPORT LEVEL (2) : support level at 39,954, for reach this level will be breaking by open 4h candle below support level (1) .
  
  
• CORRECTIVE LEVEL : currently price 19,044 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1).
  
  
• MY GOAL : support level (1) at 40,315
  

TARGET LEVEL :

• RESISTANCE LEVEL : 41,351 , 41,755 .
  
• SUPPORT LEVEL : 40,315 , 39,954.
  

Jul 30, 2024

Trade active

UPDATE
US30
as mentioned the price is under bearish pressure , yesterday dropping +190pip , know until the price trading below turning level indicates it will trying to reach support level (1) , beware breaking turning level by open 4h candle above this level reach a resistance level (1) .

Jul 31, 2024

Note