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TheTradingRoom
Apr 25, 2022 2:10 PM

Weekly 78% Fibonacci Buy In The US30 Long

Description

At press time, the US30 is off more than 1% and a macro support level is coming into view:

Weekly 78% Retracement, 33,023

If the bearish action continues, the 33,000 handle isn’t a bad place to go long:
1) Buy @ 33,029
2) Initial Stop Loss @ 32,994
3) 1:1 Risk Vs Reward, Profit target @ 33,064

Comments
Riiv
It’s going to continue to drop and that’s my opinion and observation. What do you think?
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