Sell Opportunity for US30 (1-Hour Chart)
Trade Setup:
We are looking to initiate a sell position on US30, targeting a strong bearish momentum observed around the 42076 level.
Entry Point:
Sell at or near 42076.
Target:
Aim for a profit target of 30-80 pips below the entry point.
**Stop Loss:**
Place a stop loss 65 pips above the entry to manage risk effectively.
Current market conditions indicate heavy bearish momentum, making this an opportune time to capitalize on potential downward movement. We will monitor the trade closely and secure profits if necessary to safeguard gains.
**Risk Management:**
Ensure position sizing aligns with your overall trading strategy to mitigate potential losses.