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Rockersgeng

US30 ANALYSIS 06.03.2024

Long
Dow Jones Industrial Average Index (FX:US30)  
Rockersgeng  
FX:US30   Dow Jones Industrial Average Index
Trend Analysis Technical Indicators Contains IO script
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trendanalysis indicator containsioscript
1) Analysis: AO (Awesome Oscillator) is expected to form a Higher Low (HL).

2) Implication: Possibility of divergence formation, particularly bullish divergence.

3) Impact: Change in structure from downtrend to uptrend.

4) Strategy: Using Fibonacci retracement to identify the best buy levels.

5) Buy Levels: Utilizing Fibonacci levels 1.236 and 1.618 as buy levels.
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