US30 has broken the last Higher Low after forming bearish divergence on RSI indicating potential bearish move. Moreover, It has also broken bullish trendline by forming new Lower Low. We can look for sells between fib 50-75% levels.Trade active
First entry triggered at fib 50%Trade closed: target reached
TP hit for first entry at fib 50%Order cancelled
The idea of retracing back to fib 75% is invalid now as the price has made new low. Cancelling entry at fib 75%
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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.