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fxstraderomi
May 24, 2016 7:38 PM

Dow Jones 30 - Possible rise to 18K followed by a sell-off Long

Index of top 30 shares on Wall StreetFXCM

Description

Break above 17,947 (falling channel resistance + 50% Fibo retracement) would fuel a rise to point D at 17,987 (78.6% of XC), where bears are likely to come in.

Trade closed: target reached

and sellers came in as expected near point D. Short trade open now
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