US30 Breakout Setup – Targeting 43700 and 44000

US30 is showing strong bullish momentum with price holding above an ascending trendline,
I am currently seeing consolidation near a key resistance level if price breaks above 43346 it could signal a good buying opportunity,

I am targeting two main levels for take profit:

First target: 43700 (minor resistance).
Second target: 44000 (psychological level).
My Stop Loss is set just below 43000 to protect the trade, right under the 0.618 Fibonacci retracement and trendline support,

Trade Setup:

Buy Entry: Above 43346 on a confirmed breakout.
Stop Loss: Below 43,000 (protected by the Fib 0.618 level and trendline).
Take Profit 1: 43700
Take Profit 2: 44000

This setup has a strong risk reward profile and follows the ongoing bullish trend in US30, Watch for a strong breakout before entering the trade!

Best of luck!

註釋

Update on US30 Breakout Setup - No Entry Yet

Description:
The trade setup remains valid, but the price hasn’t reached the buy entry at 43346,
so no trade has been triggered i am still watching for a breakout to confirm the entry, with targets at 43700 and 44000, No changes to the stop loss or take profit levels,
will keep monitoring for potential adjustments, thanks

取消訂單

> Trade Idea Closed:

Price failed to reach the entry point and reversed below the stop loss, Since we didn’t enter the trade, this idea is now closed. Will watch for future opportunities, thanks