US30 Breaking Structure — Bulls Targeting Higher Highs
Price on **US30** has shifted from a bearish structure into a strong bullish recovery, printing a clean **break of structure (BOS)** and reclaiming key levels.
🔍 **What I’m seeing:**
* Clear **market structure shift** from bearish → bullish
* Strong impulsive move from demand (bottom reversal zone)
* Price breaking and holding above previous resistance
* Momentum building with higher highs & higher lows
📈 **Bullish scenario (primary bias):**
As long as price holds above the breakout zone, upside continuation is expected toward:
* **49,100 – 49,400 (intermediate resistance)**
* **50,300 major liquidity zone (target)**
📉 **Bearish invalidation:**
If price drops back below **47,850**, this bullish setup weakens and could lead to:
* Retest of **46,900 support**
* Deeper move into prior demand
⚠️ **Execution plan:**
* Look for **pullbacks into support** for continuation entries
* Avoid chasing highs — wait for retracement or consolidation
source https://www.tradingview.com/chart/US30/hGojsqBx-US30-Breaking-Structure-Bulls-Targeting-Higher-Highs/
No comments:
Post a Comment