US100 Trading Ideas
The 15-minute and 1-hour charts indicate potential recovery with higher lows forming, signaling a short-term bullish momentum.Enter near 21,210 after a pullback and confirmation of bullish momentum (e.g., a bullish engulfing candle).
Long Trade Setup:
Entry: 21,210
Stop Loss: 21,180
Take Profit: 21,300 (T1), 21,400 (T2)
If the price rejects 21,300-21,330 resistance with bearish candlestick confirmation (e.g., a shooting star or bearish engulfing), a short setup can be considered.Look to sell near 21,310, preferably after rejection at resistance with confirmation.
Short Trade Setup:
Entry: 21,310
Stop Loss: 21,350
Take Profit: 21,200 (T1), 21,100 (T2)
Long Trade Setup:
Entry: 21,210
Stop Loss: 21,180
Take Profit: 21,300 (T1), 21,400 (T2)
If the price rejects 21,300-21,330 resistance with bearish candlestick confirmation (e.g., a shooting star or bearish engulfing), a short setup can be considered.Look to sell near 21,310, preferably after rejection at resistance with confirmation.
Short Trade Setup:
Entry: 21,310
Stop Loss: 21,350
Take Profit: 21,200 (T1), 21,100 (T2)
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