US500: Bullish Momentum Continues – Scalp Long Setup
US500LongScalp3h ago0 views
Trade Setup
Entry Price
6064.00
Stop Loss
6025.00
Take Profit
6161.00
Risk : Reward
1 : 2.49
RiskReward
The Trend is Your Friend
US500 is clearly bullish. We're currently at 6071.65, up 0.36% today, pushing the upper end of the daily range (6039.18 — 6104.12). Overall market sentiment and growth expectations continue to fuel this run. Simple is best: follow the flow.
Scalp Setup: Long US500
I'm looking for a quick scalp long. Entry at 6064. We've seen good support around 6039.18. My stop loss is tight at 6025, just below that key support area, mitigating risk. This is a textbook entry for chasing momentum.
Target Resistance
My take profit target is 6161. We're breaking past the 6100 resistance zone and testing 6104.12. The next major level is 6150. Let it play out.
Comments