RealistFX

US30/DJ30 Weekly Outlook

OANDA:US30USD   US Wall St 30
Technical:
Daily ascending trendline
Weekly fib
4hr fib
4hr descending channel

Buy Entry:
Close above 78.6% weekly fib level
Close above 23.6% 4hr fib level
Close above 27,500 breaking LH/LL structure
Break of descending channel
Target - 4hr 61.8% Fib for around 600 points

Sell Entry:
Break of daily ascending trendline
Close back below both fib levels
Target - 4hr -23.6% fib for around 600 points

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