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.
עסקה סגורה: היעד הושג
Target 2 has officially been hit for over 60 pips!
DivergenceFundamental AnalysisTrend Analysis

כתב ויתור