TRADE IDEA: US30 LONG ( BUY LIMIT )

8 Apr

Daily Chart:
• RSI: At 24.33, it’s in oversold territory — potential for a reversal.
• MACD: Strong bearish momentum, but the histogram may be bottoming out, signaling a potential bullish divergence forming.
• Price Action: Testing key support zone near 38300, which was previously a resistance-turned-support area.

15-Minute Chart:
• RSI: At 60.68, indicating early bullish momentum.
• MACD: Bullish crossover recently occurred; histogram rising — confirming short-term upward trend.
• Price Action: Clear bounce from recent lows with higher highs and higher lows forming.

3-Minute Chart:
• Momentum clearly shifting up.
• Price moving above short-term moving average, showing intraday strength.

⸻

Fundamental Context:
• US economic data has recently shown mixed signals, but dovish Fed tone and potential rate cuts in the near future favor equity indices recovery.
• No major bearish macro headlines present at this time to sustain the steep drop.

⸻

Trade Parameters:
• Entry: 38,390 (current price zone, confirming strength above local consolidation)
• Stop Loss (SL): 38,000 (below recent lows and psychological level)
• Take Profit (TP): 39,190 (previous supply zone, daily EMA resistance area)
• Risk: 390 points
• Reward: 800 points
• RRR: 2.05:1
US30

8 Apr

Dagangan ditutup: sasaran tercapai