D: Uptrend, price retraced 23.6% + bearish divergence
4H: Downtrend, price retraced 38.2% and hit -61.8 on 4H fib
1H: Downtrend, price retraced 61.8% and hit -61.8 on 1H fib + RSI show oversold
CURRENTLY: I'm looking for price to go long toretest 1H trendline
~30 pips
Then, analyze to see if it continues long to previous support/resistance @ other H trensline
4H: Downtrend, price retraced 38.2% and hit -61.8 on 4H fib
1H: Downtrend, price retraced 61.8% and hit -61.8 on 1H fib + RSI show oversold
CURRENTLY: I'm looking for price to go long toretest 1H trendline
~30 pips
Then, analyze to see if it continues long to previous support/resistance @ other H trensline
Order cancelled
Never broke trendline
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.