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.
๐ฉ BUY Setup (If Price Breaks Resistance & Retests)
โ Break & close above 44,980 = Bullish confirmation.
โ Wait for a retest at 44,805 or 44,861.
โ Buy Entry: After price holds above resistance.
โ Stop Loss (SL): Below 44,750 โ.
โ Take Profit (TP):
๐ฏ First target: 45,070.
๐ฏ Second target: 45,200+ ๐.
โ RR: 1:2 or better for solid risk management.
Do not risk more than 1% of your account.
Comment 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.
๐ฉ BUY Setup (If Price Breaks Resistance & Retests)
โ Break & close above 44,980 = Bullish confirmation.
โ Wait for a retest at 44,805 or 44,861.
โ Buy Entry: After price holds above resistance.
โ Stop Loss (SL): Below 44,750 โ.
โ Take Profit (TP):
๐ฏ First target: 45,070.
๐ฏ Second target: 45,200+ ๐.
โ RR: 1:2 or better for solid risk management.
Do not risk more than 1% of your account.
Comment and follow for more cool Ideas
Nozuk,
Order cancelled
It was a sell, I call another previous idea of sell scenario. 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.