Trade Idea: Buy US30 at 42,225
I'm looking to buy US30 around the 42,225 area due to a noticeable increase in bullish pressure. This zone appears to be a potential support level, aligning with recent price action on the 1-hour chart.
Targets:
- Target 1: 42,246
- Target 2: 42,270
- Extended Target 3: 42,290
Stop Loss:
Set a stop loss around 80-90 pips from your entry point. However, I recommend adjusting your stop loss based on your account size and risk tolerance.
Always ensure to manage your risk accordingly if you decide to enter.
This is not financial advice.