Us30 Reversal / Re entry 📝 US30 (Dow Jones) - Bearish Outlook | 1H Chart 📉
🔹 Market Bias: Bearish
🔹 Key Zones:
Sell Entry: 40,850 - 41,100 (Retracement to resistance)
Stop Loss (SL): Above 41,250 (Beyond liquidity grab zone)
Take Profit (TP):
TP1: 40,500 (First support)
TP2: 40,250 (Key demand zone)
TP3: 39,920 (Final target)
🔹 Analysis:
Price is trading below the 50 & 200 EMA → Downtrend intact 📉
Lower highs & lower lows → Bearish market structure
Potential fakeout before the drop, especially around high-impact news at 4 PM SAST ⚠️
🔹 News Event Consideration:
If data is weak → US30 likely continues dropping 📉
If data is strong → Possible short-term spike before reversal 🔄
🔹 Risk Management:
Be cautious of stop hunts & manipulation before the news.
If price breaks above 41,250 & holds, reconsider bearish bias.
🚀 Trade smart, manage risk, and stay updated on market sentiment!
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