SIGNAL: Go LONG on US30 - 15 May 2024

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I would be looking for bullish moves on US30 today provided price remains above 39500.
1 hour price bar(candlestick) has closed above a range that started mid NY session yesterday. The range formed shortly after a 211 pips pump.

Find my confluences below;

✅Price at psychological level?
✅Has there been a recent intraday range?
✅Do you see 30 mins or 1 hr price bar closure outside recent range?
✅Will position be in the direction of 4hr and Daily trend ?
✅Has nearby wicks to the lefthand side been identified and marked as potential problem area/TPx?

With these ticked, i choose my entry and SL accordingly with the intention of giving my trade a second chance if my SL is hit

Position Parameters

Entry 39588 - 39609
Textbook SL - 39543.38 (means flexible - put SL as occasion serves you and give the trade a second chance if SL is hit)
Tp - 39801.65 (see partial TP levels on the screen)

Drop a comment to let me know if you have picked up a thing or two form my analysis

Warning:
1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose.
2. Previous performance is not a guarantee that my signals will profit you. Accept and implement this idea at your own risk.

You are advised to apply proper risk management while trading derivatives...!!!

BR,
Kings
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Trade closed: target reached:

if you has used a flexi SL, you wouls have reached TP