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.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.