US30 Trading Strategy ๐๐
๐ Market Overview
๐น Price Action: Hovering near Fib 0.5 (44,805.5) & Fib 0.618 (44,861.2) โ critical resistance zone.
๐น RSI (51.88): Neutral โ๏ธ โ not overbought, not oversold.
๐น MACD: Histogram turning green ๐ โ possible bullish momentum, but no strong confirmation yet.
๐น Bollinger Bands: Price near the mid-band ๐ โ no extreme conditions.
๐ฅ SELL Setup (If Price Rejects Resistance)
๐ป Wait for a bearish rejection at 44,805 - 44,980 (wicks, engulfing candles).
๐ป Sell Entry: Below 44,805 after confirmation.
๐ป Stop Loss (SL): Above 44,980 โ.
๐ป Take Profit (TP):
๐ฏ First target: 44,680 (lower Bollinger Band).
๐ฏ Second target: 44,480 (Fib 0.886).
๐ป Risk-to-Reward (RR): 1:2 or better โ .
Risk no more than 1% of your account.
Comment your thoughts and follow for more cool ideas.
Nozuk,
๐ Market Overview
๐น Price Action: Hovering near Fib 0.5 (44,805.5) & Fib 0.618 (44,861.2) โ critical resistance zone.
๐น RSI (51.88): Neutral โ๏ธ โ not overbought, not oversold.
๐น MACD: Histogram turning green ๐ โ possible bullish momentum, but no strong confirmation yet.
๐น Bollinger Bands: Price near the mid-band ๐ โ no extreme conditions.
๐ฅ SELL Setup (If Price Rejects Resistance)
๐ป Wait for a bearish rejection at 44,805 - 44,980 (wicks, engulfing candles).
๐ป Sell Entry: Below 44,805 after confirmation.
๐ป Stop Loss (SL): Above 44,980 โ.
๐ป Take Profit (TP):
๐ฏ First target: 44,680 (lower Bollinger Band).
๐ฏ Second target: 44,480 (Fib 0.886).
๐ป Risk-to-Reward (RR): 1:2 or better โ .
Risk no more than 1% of your account.
Comment your thoughts and follow for more cool ideas.
Nozuk,
Trade closed: target reached
TP Hit! Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.