US30 Trade IdeaUS30 - Liquidity Grab Suggests Bullish Momentum
The US30 (Dow Jones Index) has swept liquidity at a critical support zone, signaling a potential bullish continuation. This move indicates that the market has absorbed selling pressure and may be preparing for a rally.
Key Observations:
Liquidity Sweep: A significant dip below the support level captured stop-losses and trapped sellers, providing the smart money an opportunity to reverse the trend.
Market Structure: Price is showing signs of recovery with bullish rejections from the liquidity zone.
Confirmation: Break on specific level will add strength to the bullish bias.
Trade Plan:
Entry: Buy on specific level upon confirmation of bullish momentum.
Stop Loss: Below the recent liquidity sweep for a calculated risk.
Take Profit: Targeting resistance levels around .
Risk Management:
Ensure a favorable risk-reward ratio, and avoid over-leveraging. This trade aligns with a broader uptrend in US30, but patience and discipline remain key.