Alchemist777

US30 Price consolidation to a downtrend

Short
CURRENCYCOM:US30   Dow Jones Industrial Average Index
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4
Price rallied form a 4 hour bearish reversal signal causing price to impulse in a downtrend. Price is currently in a consolidation phase after breaking bullish market structure. Expecting price to make a strong movement out of the consolidation after correcting. Wating for price to correct at our 50% fibonacci before taking a short for approximately 400+ pips down to 26000 area.

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