RichMonk1

US30 simple price action analysis

Long
OANDA:US30USD   US Wall St 30
Price has been following a beautiful rally/retest pattern towards the upside with plenty of bullish momentum. We see price perfectly bounce off my "618" fib level to the upside. And we clearly see an untested level. I expect price to retrace to that level and rally up to Resistance. Might be nice to look for long opportunities on smaller Timeframes. Please comment your thoughts.

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