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 👌