mightybullcapital

US30 28/10/2022

The price currently moving in an uptrend channel while its also facing support at 31851 & resistance at 32125. Now a breakout of the support could mean a breakout of the uptrend channel. so if price continue to respect the resistance & closes below the support on a 30m TF atleast, then it could continue pushing down to the next support zone at 31612.
Similarly if price respects the support & closes above the resistance then it could continue pushing up to the previous high at 32307.

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