📊 US30 (Dow Jones) Falling Wedge | Bullish Breakout Incoming? 🚀
🔍 Chart Analysis:
US30 is currently trading within a falling wedge pattern on the 1-hour timeframe. This formation typically signals a potential bullish breakout as selling pressure weakens.
📈 Key Levels to Watch:
✅ Breakout Zone: ~41,600 (upper wedge resistance)
✅ Next Resistance: 42,830 (100 SMA on 4H timeframe)
✅ Support: 40,800 (lower wedge support)
🎯 Trade Idea:
A confirmed breakout above 41,600 with strong volume could push price toward 42,830 and beyond.
Failure to break out may result in further consolidation within the wedge before a breakout attempt.
📢 What’s Your Take?
Do you see a breakout happening soon, or will US30 remain stuck in this wedge a bit longer? Drop your thoughts in the comments!
🔍 Chart Analysis:
US30 is currently trading within a falling wedge pattern on the 1-hour timeframe. This formation typically signals a potential bullish breakout as selling pressure weakens.
📈 Key Levels to Watch:
✅ Breakout Zone: ~41,600 (upper wedge resistance)
✅ Next Resistance: 42,830 (100 SMA on 4H timeframe)
✅ Support: 40,800 (lower wedge support)
🎯 Trade Idea:
A confirmed breakout above 41,600 with strong volume could push price toward 42,830 and beyond.
Failure to break out may result in further consolidation within the wedge before a breakout attempt.
📢 What’s Your Take?
Do you see a breakout happening soon, or will US30 remain stuck in this wedge a bit longer? Drop your thoughts in the comments!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.