US30 Technical Analysis: Counter-Trend Short Opportunity

29 мар.

The US30's bullish momentum has encountered a key resistance level. This presents a potential counter-trend shorting opportunity. Here's the trade idea:

Entry: Sell short at the current resistance level.
Stop-Loss: Place a stop-loss order above the recent high.
Target: Aim for the previous support/imbalance zone established at a prior low.
Rationale: The US30's extended rally into resistance increases the likelihood of a pullback. This setup offers a favorable risk-reward ratio for a short-term counter-trend trade.

Important Note: Market conditions can change rapidly. Manage risk diligently and adapt your strategy as needed.

1 апр.

Сделка закрыта: достигнута тейк-профит цена