Trade Idea: US30 Long (BUY LIMIT)

12 May

Justification:

Technical Analysis:
1. Daily Chart:
• Strong bullish reversal from recent lows.
• MACD is crossing up sharply, showing fresh bullish momentum.
• RSI at 62.33 — rising but not yet overbought (room to run).
• Price reclaiming key moving averages.

2. 15-Minute Chart:
• Clear uptrend continuation.
• MACD and RSI confirm bullish momentum.
• Price consolidating at recent highs — potential breakout formation.

3. 3-Minute Chart:
• Short-term consolidation near highs with low RSI (38.84) — possible dip-buy opportunity.
• MACD near zero — primed for a new short-term wave.



Fundamental Analysis (as of early May 2025 context):
• Likely market optimism surrounding softer inflation data and potential rate cuts.
• Dow components (industrials, financials) benefit from economic soft-landing expectations.
• VIX (if tracked) remains subdued, confirming risk-on sentiment.

⸻

Trade Plan (Long):
• Entry: 42,360
Near current consolidation zone on lower timeframes.
• Stop Loss (SL): 41,850
Below recent swing lows and key moving average support (approx. 510 pts risk).
• Take Profit (TP): 43,380
Targeting previous resistance area on the Daily chart (approx. 1020 pts reward).
US30

13 May

İşlem aktif

TRADE STILL ACTIVE

14 May

Not

MEDIATING RISK.
MOVING SL UNDER THE PREVIOUS LOW - 42080