US30 POTENTIAL SELL
Trade Idea: Sell on US30 30MIN CHART
Trade Setup:
- Instrument: US30 (Dow Jones Industrial Average)
- Trade Type: Sell
- Entry Point: Sell when price crosses the 42320 level
- Rationale: Anticipating a retracement after a bullish overnight movement. The bullish imbalances below support the idea of a temporary pullback.
Take Profit Levels:
1. TP1: 42294
2. TP2: 42264
3. EXTENDED TP3: 42234
Stop Loss: 65 pips above entry point
Analysis:
- Market Context: Recent bullish movement suggests a potential for profit-taking or a short-term reversal.
- Technical Levels: Monitor key support and resistance levels for additional confirmation.
- Risk Management: Ensure position sizing is appropriate based on your risk tolerance.
Execution Plan:
- Wait for a confirmed break below the 42320 level before executing the sell order.
- Adjust stop loss as needed based on market movement and volatility.
Monitoring:
- Keep an eye on price action around the take profit levels for possible exit adjustments.
This trade setup is designed to capitalize on expected short-term price action while managing risk effectively.
This is not investment advice.
Trade Setup:
- Instrument: US30 (Dow Jones Industrial Average)
- Trade Type: Sell
- Entry Point: Sell when price crosses the 42320 level
- Rationale: Anticipating a retracement after a bullish overnight movement. The bullish imbalances below support the idea of a temporary pullback.
Take Profit Levels:
1. TP1: 42294
2. TP2: 42264
3. EXTENDED TP3: 42234
Stop Loss: 65 pips above entry point
Analysis:
- Market Context: Recent bullish movement suggests a potential for profit-taking or a short-term reversal.
- Technical Levels: Monitor key support and resistance levels for additional confirmation.
- Risk Management: Ensure position sizing is appropriate based on your risk tolerance.
Execution Plan:
- Wait for a confirmed break below the 42320 level before executing the sell order.
- Adjust stop loss as needed based on market movement and volatility.
Monitoring:
- Keep an eye on price action around the take profit levels for possible exit adjustments.
This trade setup is designed to capitalize on expected short-term price action while managing risk effectively.
This is not investment advice.
Trade fermée: cible de profit atteinte
Target 2 has officially been hit for over 60 pips!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.