nelsyboy

US30USD Possible Path

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OANDA:US30USD   US Wall St 30
Looking for a break of the trend line (Wave A) and then a move up to test the trend line (Wave B) and then a downward movement for wave C. Watching closely to see if I can get in at the top of Wave B (SELL). Already divergence on the momentum indicator and MACD lines are close. The 15SMA and 5EMA could be a bit closer together/crossing at the top of wave B to cement the trade.
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