Waiting to see how daily candle closes. Looking for a strong bear candle through the 23% fib to enter.
61.80 fib. Daily stimulus candle close yesterday.
Broke 61 fib. Not looking to enter until price reaches defined trend line. From here we are looking for a strong candle indicating upward pressure. Will be looking to go long after a strong bounce off trend.
As we look at the daily we have reached resistance. Doji stimulus appeared on the daily. Looking for a 3.14 r/r ratio.
Short term trade, basic daily support with s/l put under the low of the recent daily candle. Small risk