dramadon

US30 LONG 618 Fibonacci Theory

Long
FX:US30   Dow Jones Industrial Average Index
US30 has been extremely bullish and with the recent pullback from a zone on the 4 hour time frame, I see an even stronger push to the upside back to the same zone and possibly even further. I want to see price drop a little more to that golden Fibonacci zone that I have encased in a green box. Take profits are around 1000 pips apart. I usually scalp US30 but I am trying different setups to see what works.

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