On friday price was within the daily 618-786 daily bullish pullback zone. While being within that zone, the 15m was showing bullish divergence while perfectly wicking off of my red daily gann fan. Price then pushed up to where it is now so I am looking for a 78.6% pullback of that impulse that began at the red daily gann fan to then go for a 1:2 RR
Not making any prediction here, this is just what I want to see based off of 4H time frame Fibonacci measurements
GJ is hitting the 61.8 retracement area on the daily chart
Looking to catch the 618 retracement of the recent sell to then take it down to the 4H 618 retracement when measuring the upside
waiting for eurusd to hit my 61.8% retracement on the daily timeframe to then hold on to a swing trade back down
looking to see how price reacts to that golden fib zone for a drop back down
I measured this recent drop and would like to see some rejection around that 50-618 retracement area for another 100 pt drop after. We'll see if this plays out
I see RSI is oversold on higher time frames. I could be wrong but lets see