📍 US30 Technical Outlook – 07/03/2025
Another day of consolidation at the highs 💼⏳
Price is holding firmly above both EMAs (20 & 50), showing sustained bullish structure—but struggling to break cleanly above 44,700–44,760 🧱
🧠 Key Observations:
Tight consolidation between 44,500 → 44,700
Strong bounce off EMA zones (44,500 area acting as dynamic support)
Still no confirmed breakout of the 44,760 top range
📊 Key Price Zones:
🔼 Resistance: 44,708 → 44,762 → 45,000
🔽 Support: 44,500 → 44,250 → 44,000
📈 Trade Setup Ideas:
🔹 Long Setup (Base case):
Buy pullbacks to 44,500 or EMA zone (20 & 50 EMA support)
Look for a breakout and retest of 44,760 for confirmation
Target: 45,000 psychological zone
🔻 Short Setup (Only on breakout failure):
Look for rejection wicks or bearish engulfing at 44,760
Scalp back toward 44,500 or lower
Only valid if volume drops off or price starts forming LHs/LLs on lower TFs
Another day of consolidation at the highs 💼⏳
Price is holding firmly above both EMAs (20 & 50), showing sustained bullish structure—but struggling to break cleanly above 44,700–44,760 🧱
🧠 Key Observations:
Tight consolidation between 44,500 → 44,700
Strong bounce off EMA zones (44,500 area acting as dynamic support)
Still no confirmed breakout of the 44,760 top range
📊 Key Price Zones:
🔼 Resistance: 44,708 → 44,762 → 45,000
🔽 Support: 44,500 → 44,250 → 44,000
📈 Trade Setup Ideas:
🔹 Long Setup (Base case):
Buy pullbacks to 44,500 or EMA zone (20 & 50 EMA support)
Look for a breakout and retest of 44,760 for confirmation
Target: 45,000 psychological zone
🔻 Short Setup (Only on breakout failure):
Look for rejection wicks or bearish engulfing at 44,760
Scalp back toward 44,500 or lower
Only valid if volume drops off or price starts forming LHs/LLs on lower TFs
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.
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.