US30 is trading between key support and resistance levels. Two clear scenarios based on breakout and pullback.
Key Levels:
Resistance: 52,081.05
Support: 51,649.96
Targets: 52,567 (long) / 51,189 (short)
Scenario 1 – Bullish Breakout (Long):
If price breaks above 52,081.05 with a confirmed close, wait for a pullback to retest as support. After bullish confirmation, enter long.
Entry: On pullback to 52,081.05 after confirmation
Stop Loss: Below 51,649.96
Target: 52,567.84
Invalidation: Price closes back below 52,081.05
Scenario 2 – Bearish Breakdown (Short):
If price breaks below 51,649.96 with a confirmed close, wait for a pullback to retest as resistance. After bearish confirmation, enter short.
Entry: On pullback to 51,649.96 after confirmation
Stop Loss: Above 52,081.05
Target: 51,189.74
Invalidation: Price closes back above 51,649.96
Pro Tips:
1. Do not chase the breakout. Always wait for the pullback.
2. The pullback gives a better entry with lower risk.
3. Confirm the retest with price action on lower timeframes.
4. Patience is key.
My Personal View:
Above 52,081 with a pullback = long to 52,567. Below 51,649 with a pullback = short to 51,189.
Not financial advice. Trade at your own risk.
Tags: US30, DowJones, Breakout, Pullback, SupportAndResistance, PriceAction, TradingView
Key Levels:
Resistance: 52,081.05
Support: 51,649.96
Targets: 52,567 (long) / 51,189 (short)
Scenario 1 – Bullish Breakout (Long):
If price breaks above 52,081.05 with a confirmed close, wait for a pullback to retest as support. After bullish confirmation, enter long.
Entry: On pullback to 52,081.05 after confirmation
Stop Loss: Below 51,649.96
Target: 52,567.84
Invalidation: Price closes back below 52,081.05
Scenario 2 – Bearish Breakdown (Short):
If price breaks below 51,649.96 with a confirmed close, wait for a pullback to retest as resistance. After bearish confirmation, enter short.
Entry: On pullback to 51,649.96 after confirmation
Stop Loss: Above 52,081.05
Target: 51,189.74
Invalidation: Price closes back above 51,649.96
Pro Tips:
1. Do not chase the breakout. Always wait for the pullback.
2. The pullback gives a better entry with lower risk.
3. Confirm the retest with price action on lower timeframes.
4. Patience is key.
My Personal View:
Above 52,081 with a pullback = long to 52,567. Below 51,649 with a pullback = short to 51,189.
Not financial advice. Trade at your own risk.
Tags: US30, DowJones, Breakout, Pullback, SupportAndResistance, PriceAction, TradingView
Trade chiuso: obiettivo raggiunto
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.