So I'm away on holiday at the moment and am experimenting on a few ideas that have been running through my head these past few months
so we are going to see one here with U30
the initial drop was inside a range for 3-4 phases before it drop and I went in to calculate the amount of points that it did
and guess what it was about 1530 in price terms
and after...
US30USD is approaching its support at 23913 (78.6% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 25459 (50% Fibonacci retracement , horizontal swing high resistance). Stochastic (21,5,3) is approaching its support at 6.2% where a corresponding bounce could occur.
