4HR: Price was in a downtrend, but broke and retested the trendline for the buy. there is also bullish divergence on the RSI.
1HR: I see that price is trending down; its first pulled back to 61.8 on the 1HR FIB hit -27 but not -61.8
CURRENTLY: I am looking to see if price will break support and make its way down to -61.8 on the minor FIB, at previous support. Then come back up to resistance area.
I will likely go for the buy once price retests support area near the 4HR trendline.
(15 - 60 pips)
1HR: I see that price is trending down; its first pulled back to 61.8 on the 1HR FIB hit -27 but not -61.8
CURRENTLY: I am looking to see if price will break support and make its way down to -61.8 on the minor FIB, at previous support. Then come back up to resistance area.
I will likely go for the buy once price retests support area near the 4HR trendline.
(15 - 60 pips)
Trade closed: target reached
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.
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.