The mentioned pair is the US30, which is renowned for its notable volatility and frequent occurrences of large stop loss hunts before trending in its intended direction. Today, I have prepared a forecast for both the short and long positions. In light of the evident bullish patterns, I anticipate a downward movement in price. It is worth noting that financial institutions are currently encouraging buying opportunities, hence my establishment of specific stop loss zones. We shall observe the unfolding of events and assess the outcome accordingly.
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