YangaTrades

US30 Short to Demand/ Support Zones

Short
FX:US30   Dow Jones Industrial Average Index
Bearish engulfing candle at the retest of the uptrendline here. and if this current H4 candle closes like that as well, it'll be another bearish engulfing on the H4. I can see downside to the yellow zone at least.

Fib retracement levels of .618-.79 on the hourly seems to be holding very well.

The more times US30 touched this trendline, the more prices pushed through it


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