US30 is showing a clear bearish reaction from the 52400–52600 selling-pressure zone. Price failed to sustain the higher levels and started moving lower. Reason: The upper zone is acting as strong resistance, while the 51600 support zone is the key level to watch. A confirmed break below this support can increase bearish momentum toward the 50800 target zone. The setup is based on price action, support/resistance and Fibonacci levels. Wait for confirmation before taking any trade and follow proper risk management.
0
MQL5 profileDisclaimer:
The information provided does not constitute financial, investment, trading, or other advice or recommendations by MetaQuotes. See the Terms of Use for details.
New comment