US30 is making a second attempt at the upper trendline but is struggling to break through. A stop hunt at the micro double bottom seems likely, with the channel trendline expected to hold, leading to a push toward new highs. The daily chart suggests a corrective phase following an impulsive move—indicating that the next leg could be strong and decisive. Will the bulls take control? Stay tuned for the next move!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.