Seen price broke back to the upside and making its way down to the 50% - 61.8%. We'll wait and see where this goes, could already make its move from this zone, but I'm looking forward for price to go towards 61.% level and retest for a long position. As you can see, 61.% level is also the previous resistance & support which makes this a good reversal...
As you can see; Rejection off 38.2 fibo and trendline Retested previous support now as resistance. KEEP IT SIMPLE
Here i see 1] multiple rejection off the trendline 2] retest previous support as new resistance 3] printed a shooting star signs of rejection 4] also on a 38.2% lvl
Here i see a rejection candle off the trendline, multiple touches on the trendline and its sitting at a zone. Long wick signs of rejection; also printed a shooting star. KEEPING IT SIMPLE.