Sell US30 – Target 40,500 with High RR Ratio

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🔹 Market Structure & Trend:
US30 is currently in a short-term downtrend after being rejected at 42,200 and dropping sharply to around 41,200. The price is now retracing to a strong resistance zone between 41,900 - 42,000, where it aligns with the EMA 33 and 200 MA, creating an ideal setup for a short position.

🔹 Fibonacci & Resistance Analysis:

The 0.382 - 0.5 Fibonacci retracement levels (41,497 - 41,300) serve as key support zones.

If the price fails to hold above 41,900, a further decline towards 40,500 (Fibonacci 1.0) is highly probable.

📌 Entry & Risk Management:

Entry (Sell Zone): 41,900 - 42,000

Stop Loss: 42,270 (to avoid getting stopped out on a wick)

Take Profit: 40,500

Risk/Reward Ratio: ~1:3.5 – 1:4 (highly attractive)

🔹 Trade Plan:
✅ Expecting a strong rejection at 41,900 - 42,000, leading to a further drop.
✅ Holding the trade until the weekend or until TP 40,500 is reached.
✅ If price breaks above 42,270, exit the trade immediately to protect capital.

🚀 Recommendation: Traders can consider entering a short position if the price shows signs of rejection at the 41,900 - 42,000 zone. This setup offers a great risk-reward ratio, making it a promising swing trade opportunity for this week!

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Feragatname

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