US30 has recently broken out of a multi-session consolidation range and tapped into the 45,000 psychological resistance zone, forming a temporary high around 44,950. With this in mind, I’m seeing two opportunities based on the market structure:
Short-Term Sell Setup
Bias: Counter-trend (retracement)
Entry Zone: 44,850 – 44,950 (rejection at resistance / liquidity grab)
Target Zone:
TP1: 44,400
TP2: 43,950
Stop Loss: Above 45,050
Reason: Price is overextended; likely to pull back before continuing uptrend. This is a scalper/intraday short opportunity.
Long-Term Buy Setup
Bias: Trend continuation
Ideal Buy Zones (Fibonacci):
Zone 1: 44,400 (23.6%)
Zone 2: 43,775 – 43,550
Stop Loss: Below 43,400
Targets:
TP1: 45,250
TP2: 45,750
Reason: Market is in a bullish structure. A pullback to golden ratio (50%–61.8%) offers an ideal entry for a swing continuation. Watch for bullish confirmation at these zones.
Short-Term Sell Setup
Bias: Counter-trend (retracement)
Entry Zone: 44,850 – 44,950 (rejection at resistance / liquidity grab)
Target Zone:
TP1: 44,400
TP2: 43,950
Stop Loss: Above 45,050
Reason: Price is overextended; likely to pull back before continuing uptrend. This is a scalper/intraday short opportunity.
Long-Term Buy Setup
Bias: Trend continuation
Ideal Buy Zones (Fibonacci):
Zone 1: 44,400 (23.6%)
Zone 2: 43,775 – 43,550
Stop Loss: Below 43,400
Targets:
TP1: 45,250
TP2: 45,750
Reason: Market is in a bullish structure. A pullback to golden ratio (50%–61.8%) offers an ideal entry for a swing continuation. Watch for bullish confirmation at these zones.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.