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.
๐ฅ SELL Setup (If Price Rejects Resistance)
๐ป Wait for a bearish rejection at 44,805 - 44,980 (wicks, engulfing candles).
๐ป Sell Entry: Below 44,805 after confirmation.
๐ป Stop Loss (SL): Above 44,980 โ.
๐ป Take Profit (TP):
๐ฏ First target: 44,680 (lower Bollinger Band).
๐ฏ Second target: 44,480 (Fib 0.886).
๐ป Risk-to-Reward (RR): 1:2 or better โ
.
Risk no more than 1% of your account.
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Nozuk,