US30 Long Opportunity

75
US30 had a break out to the upside from $42560 and we are not seeing a potentially retracement to the break and retest level where we can expect a further jump to the upside. Seeing bullish structure on the 15 min and higher timeframes with confluence at the breakout.

Price is currently above the 50 SMA on all timeframes above the 15min and momentum is bullish per the RSI trading above the 55 level, adding to the bullish confluence

Looking to the ride the bullish wave from $42560 to $42920 where currently resistance level is sitting

Penafian

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