US30 – Breakout and Pullback Strategy

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US30 – Breakout and Pullback StrategyDow Jones 30BLACKBULL:US30FXSMARTTUS30 is trading between key support and resistance levels. Two clear scenarios based on breakout and pullback. Key Levels: Resistance: 52,081.05 Support: 51,649.96 Targets: 52,567 (long) / 51,189 (short) Scenario 1 – Bullish Breakout (Long): If price breaks above 52,081.05 with a confirmed close, wait for a pullback to retest as support. After bullish confirmation, enter long. Entry: On pullback to 52,081.05 after confirmation Stop Loss: Below 51,649.96 Target: 52,567.84 Invalidation: Price closes back below 52,081.05 Scenario 2 – Bearish Breakdown (Short): If price breaks below 51,649.96 with a confirmed close, wait for a pullback to retest as resistance. After bearish confirmation, enter short. Entry: On pullback to 51,649.96 after confirmation Stop Loss: Above 52,081.05 Target: 51,189.74 Invalidation: Price closes back above 51,649.96 Pro Tips: 1. Do not chase the breakout. Always wait for the pullback. 2. The pullback gives a better entry with lower risk. 3. Confirm the retest with price action on lower timeframes. 4. Patience is key. My Personal View: Above 52,081 with a pullback = long to 52,567. Below 51,649 with a pullback = short to 51,189. Not financial advice. Trade at your own risk. Tags: US30, DowJones, Breakout, Pullback, SupportAndResistance, PriceAction, TradingView