dramadon

US30 Long, Confluence

Long
FX:US30   Dow Jones Industrial Average Index
Price has surged upward and momentum has slowed a bit so a Fibonacci retracement is always my go to. Im expecting price to retrace to at least 50% and of course we have quite a bit of confluence in that area so It has to be the most optimal entry point. If price hasnt made its final surge upward, I think this is still where I would like to get in the market. The lower the better because any day now Donald Trump will tweet and price will soar! Fibo extension levels for TP. $100 SL.

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