US30, H4
On the H4 timeframe, US30 navigates within a rising wedge and testing its lower border and the 42800 support level.
The MFI is in the oversold zone, however, the price is below ther DEMA and TEMA indocators, giving a mixed sentiment:
- If the price bounces from the 42800, it may rise to 43300 resistance.
- However, breaching below the trendline, will trigger a decline to 41500.
