US Wall St 30
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US30 trade idea OB & Fib start Jan 9 year 2023

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US30USD

On the 1D TF, price has retraced to the 50% fib zone.
4H with Fib overlay price has retraced to 50% fib zone, next week looking to SHORT once price taps the OB @34340.9 making a reversal down to OB @30085.6 which exactly lines up with the 23.6 fib line.
There has been a CHofCH which hints that price ha completed it's retrace on the 1D and 4H.
Moreover there is a large FVG that needs to be filled at the the 23.6.

LONG once price taps the 23.6 fib target. 1% risk.

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