Dow Jones Industrial Average Index
Long
Updated

US30 ( CPI ) ( 4H )

146
US30

HELLO TRADERS

  • Tendency the price trade above turning level at 39,480 , indicates is under bullish pressure

  • TURNING LEVEL : a black line between resistance and support level around 39,480 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level

  • RESISTANCE LEVEL : there is a black line above turning level around 39,713 , indicates selling have already increase this level , so if the price trade above turning level reach this level

  • SUPPORT LEVEL : there is a black line below turning level around 39,137 , indicates buying have already increase this level , so if the price breaking turning level reach this level

  • PRICE MOVEMENT : first the price will trying to dropping a turning level around 39,480, after rising to the resistance level around 39,713 , then stable above this level reach 39,931 , if the price breaking turning level reach a support level by 39,137 , then stable by open 4h candle above this level reach a 39,734

TARGET LEVEL :
  • RESISTANCE LEVEL : 39,713 , 39,931
  • SUPPORT LEVEL : 39,137 , 38,734
Trade closed: target reached

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