alexryotrader

US30 is finally falling to 0.38 fibs

Short
OANDA:US30USD   US Wall St 30
US30 is currently making new highs which will make buyer to sell their positions (psychology)
Fibs from previous big move will be perfect TP area ( 0.38 )
Stop loss above Higher High
Entry around 31250 - 31300
On 4H chart TDI is showing bearish trend beginning.
And there is a Bearish momentum squeeze.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.