The close of this 4h candle didn't quite give me the 3LC (lower low lower close) I was looking for - we might see another retest of that 13.00 resistance, in which case I will be again looking for bearish entry confirmation. If we were to close above that .383 fib level, TO THE MOON!!!1 Just joking, I'll be then watching out for a bullish rotation though :)
Looking at this decision point on the 4h timeframe. I'll be looking to short after the close, seeing the slight RSI divergence at a solid support/resistance area, confluent with .382 fib level, which could indicate a strong downtrend. After the close I'll be looking for entry confirmation on the 1h timeframe.
