Too early to tell but if price rallies back to $86...This is what I plan to do.
1. Horizontal resistance which has been tested several times
2. Confirm down trendline which reversed price action several times
3. Close to a 50% fib in confluence
4. Entry on strong price action
H4 price action showing reversal divergence so price may be looking to move up and trigger this plan
1. Horizontal resistance which has been tested several times
2. Confirm down trendline which reversed price action several times
3. Close to a 50% fib in confluence
4. Entry on strong price action
H4 price action showing reversal divergence so price may be looking to move up and trigger this plan