Price rallied down impulsively and is now correctly moving up before it finds an area to bounce off for the next extension. the overall bias is short on US30.
There's an area of resistance looking left and in the same zone, there are other confluences lining up as well in the same zone. The fib extension and an inverted fib extension, with an Equal measured move and trend line .with all these lining up, make a high probability SETUP. We set a limit order at that price with stops 1 ATR above the zone.CURRENCYCOM:US30