Education Purpose
US30 H4 — Professional Market Outlook
Current Price: ~52,558
Key Resistance: 53,800–54,000
Major Resistance: 55,000–55,200
Key Support: 52,000–52,300
Major Demand Zone: 49,000–50,500
Market Structure:
US30 remains structurally bullish on the higher timeframe, but price is currently undergoing a corrective phase after rejecting the 55,000 area. The recent decline has created two potential scenarios, with confirmation required before committing to directional exposure.
Scenario 1 — Bullish Continuation
The preferred bullish scenario is that the current correction completes above the 52,000–52,300 support area.
Confirmation:
H4 rejection/failed breakdown below support
Bullish market-structure shift
Strong bullish displacement
Price reclaims the immediate resistance area
Potential targets:
TP1: 53,800–54,000
TP2: 54,500
TP3: 55,000+
The larger structure would then support a continuation toward a new high.
Scenario 2 — Bearish Correction
The bearish scenario becomes stronger if US30 breaks and closes below 52,000, followed by a failed retest.
Confirmation:
H4 bearish displacement
Break of the rising structure
Failed retest of broken support
Increasing downside momentum
Potential targets:
TP1: 51,000
TP2: 50,500
TP3: 49,000–50,000 demand zone
A deeper decline into the 49,000–50,500 zone would still be considered a correction unless the higher-timeframe bullish structure is decisively invalidated.
US30 H4 is currently in a corrective phase within a broader bullish structure. The 52,000–52,300 area is the immediate decision zone. A confirmed bullish rejection from this region favors continuation toward 54,000 and potentially 55,000+. Conversely, a confirmed H4 breakdown and retest below 52,000 would increase the probability of a deeper correction toward 50,500 and the 49,000–50,000 demand zone. Until confirmation appears, capital preservation remains the priority.
Key principle: Do not trade the Elliott Wave count itself. Use the wave count as a scenario framework, then let price action, structure and risk management determine execution.
US30 H4 — Professional Market Outlook
Current Price: ~52,558
Key Resistance: 53,800–54,000
Major Resistance: 55,000–55,200
Key Support: 52,000–52,300
Major Demand Zone: 49,000–50,500
Market Structure:
US30 remains structurally bullish on the higher timeframe, but price is currently undergoing a corrective phase after rejecting the 55,000 area. The recent decline has created two potential scenarios, with confirmation required before committing to directional exposure.
Scenario 1 — Bullish Continuation
The preferred bullish scenario is that the current correction completes above the 52,000–52,300 support area.
Confirmation:
H4 rejection/failed breakdown below support
Bullish market-structure shift
Strong bullish displacement
Price reclaims the immediate resistance area
Potential targets:
TP1: 53,800–54,000
TP2: 54,500
TP3: 55,000+
The larger structure would then support a continuation toward a new high.
Scenario 2 — Bearish Correction
The bearish scenario becomes stronger if US30 breaks and closes below 52,000, followed by a failed retest.
Confirmation:
H4 bearish displacement
Break of the rising structure
Failed retest of broken support
Increasing downside momentum
Potential targets:
TP1: 51,000
TP2: 50,500
TP3: 49,000–50,000 demand zone
A deeper decline into the 49,000–50,500 zone would still be considered a correction unless the higher-timeframe bullish structure is decisively invalidated.
US30 H4 is currently in a corrective phase within a broader bullish structure. The 52,000–52,300 area is the immediate decision zone. A confirmed bullish rejection from this region favors continuation toward 54,000 and potentially 55,000+. Conversely, a confirmed H4 breakdown and retest below 52,000 would increase the probability of a deeper correction toward 50,500 and the 49,000–50,000 demand zone. Until confirmation appears, capital preservation remains the priority.
Key principle: Do not trade the Elliott Wave count itself. Use the wave count as a scenario framework, then let price action, structure and risk management determine execution.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.