US30 4H – Short Setup from Fibonacci Supply ZoneDow Jones 30BLACKBULL:US30FXSMARTT On the 4H timeframe, US30 has reached a key resistance area aligned with the 50% Fibonacci retracement level at 52,686. Price is now approaching the supply zone between 52,800 and 52,900, which is also aligned with the 61.8% Fibonacci retracement. This area is expected to act as strong resistance, and I will be looking for short entries with confirmation on lower timeframes. Key Levels: Current Price: near 52,686 (50% Fib) Supply Zone (Short Entry): 52,800 – 52,900 (61.8% Fib aligned) Target: 51,800 Trade Plan – Short Setup: I am waiting for price to enter the supply zone (52,800 – 52,900). Once I see bearish confirmation on a lower timeframe (1H or 30M), I will enter short. Entry: After bearish confirmation from the supply zone Stop Loss: Above 53,000 Take Profit: 51,800 Invalidation: Price breaks and closes above 53,000 Pro Tips: 1. Do not short at current levels. Wait for price to reach the supply zone. 2. The 61.8% Fibonacci level is a strong retracement zone for sellers. 3. Always wait for lower timeframe confirmation before entering. 4. Patience is key. Let price come to you. My Personal View: Price has reached 52,686 (50% Fib) and is heading toward 52,800 – 52,900 (61.8% Fib supply zone). I will wait for price to enter that zone, then look for bearish confirmation and short toward 51,800. If price breaks above 53,000, I will re-evaluate. Not financial advice. Trade at your own risk. Tags: US30, DowJones, Indices, Fibonacci, SupplyZone, ShortSetup, PriceAction, TradingView