US30 could not hold above support level at 42965 creating a short opportunity to 42299.
Once price reached the next support area there was a clear rejection and correction back to 42900.
Price will likely fall back down to 42999 and back to its current support in a consolidation pattern before continuing bullish.
Expect consolidation in this zone before going bullish.
Once price reached the next support area there was a clear rejection and correction back to 42900.
Price will likely fall back down to 42999 and back to its current support in a consolidation pattern before continuing bullish.
Expect consolidation in this zone before going bullish.
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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.