Long
US30 Long Opportunity
Hello traders ! I am going to show you my bias on US30 index. Last week gave us a huge sell opportunity. This move nicely retraced to 0.618 fibonacci level and then priced pushed to the upside. We are still in a bullish trend line channel and price is making AB=CD pattern. I expect price to retrace to our support trendline once again (combined with 0.5 fibonacci level) and then another bullish move to the upside. My TP is set on -0.272 fibonacci level which fits with a resistance level and AB=CD final correction.
Thank you for reading this 👌
Thank you for reading this 👌
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.