Sell Opportunity Near Resistance

We’re eyeing a sell setup on US30, looking to enter between 44815–44886. This area aligns with a key resistance zone following the recent rally.

Target and Risk Management

Our target for this trade is 44476.50, aiming to catch a pullback toward lower support. To manage risk, we’ve set a stop loss at 44927.50, keeping losses limited if the trade invalidates.

Entry: 44815 - 44886
SL: 44927.50
TP: 44476.50

Final Thoughts

This setup focuses on a short-term correction after an extended bullish move. As always, wait for bearish confirmation before entering and trade with discipline.

Looking for a reliable broker?

Trade confidently with XM Brokers – tight spreads, fast execution, and excellent support for traders at all levels.

No comments

Disclaimer

Trading on margin carries a high level of risk, and may not be suitable for all. Consider your investment objectives, level of experience, and risk appetite, before deciding to invest in Forex.