IF....
Price continues in bearish trend , then i will look to enter Long at D (.886 fib).
SL below X
TP 1 @ or slightly below .5 fib (seems to be previous support area , may likely turn into resistance)
TP2 anywhere between .236 & 1.10 fib
RR= 1:1.5 or 1:2 for TP 1
Price continues in bearish trend , then i will look to enter Long at D (.886 fib).
SL below X
TP 1 @ or slightly below .5 fib (seems to be previous support area , may likely turn into resistance)
TP2 anywhere between .236 & 1.10 fib
RR= 1:1.5 or 1:2 for TP 1