Short
short
US30 is showing a lot of selling pressure. This asset is very popular amongst traders worldwide. The Fibonacci retracement tool allowed me to identify the break to the downside. A 38.20% retracement to the downside can go as far as -224%. Recent pin bars show minor support, but I believe that the bears are in control right now. I'm currently going short and will be observing this during the Asian session.
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