Unleashing the Bull: US 30 Signals Impending Breakout with Bullish Flag Pattern

US 30 Bullish Flag Pattern Points To An Impending Breakout
The price of US 30 is currently approaching the unmitigated bullish order block above the significant level of 31718.0 during a corrective phase. The US 30 price has experienced a decline of approximately 4.85% since testing the supply level of 34228.0.
US 30 Key Levels
Resistance Levels: 33438.0, 34228.0, 34628.0
Support Levels: 32751.0, 31718.0, 30171.0
US 30 Long-Term Trend: Bullish
In March, multiple wicks formed below the daily candles at the support level, indicating rejection. The Stochastic oscillator was oversold on the 24-hour timeframe. Subsequently, three white soldiers broke above the support level of 32751.0 after the Moving Averages (Periods 9 and 21) crossed, signaling bullishness.
US 30 is currently in a corrective phase after a bullish move from the support level of 32751.0. A double top bearish reversal chart pattern formed at the 34228.0 supply zone with the Moving Average ( Periods
9 and 21) crossing above 33438.0 in May.
US 30 Short-Term Trend: Bearish
A trendline representing liquidity has been established during the corrective phase that began at 34228.0. The upcoming test of the bullish order block below is expected to support a bullish upward movement. The falling wedge pattern is under threat as buyers attempt to break the resistance level of 34228.0.