ellynacci

DJI (CFD) on critical decision level

Long
FOREXCOM:US30   Dow Jones Industrial Average Index
DJI has fall significantly since before the market closed on Friday and continued this rally on early Tokyo session as the rest of Safe Havens shoot up earlier. DJI has rejected an upper channel of Fibonacci Fan and dropped continuously to lower channel of Fibonacci Fan at 0.75. This level is critical for decision making; looks good to long, however if this level breaks, the subsequent dip could reach 0.618 Fibonacci level.
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