ETHUSD retesting Zone 1100-1160 & 987-1094

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
ETHUSD retesting Zone 1100-1160 & 987-1094
ETHUSD has reacted @ 1260 (50% Fibonacci). It went back to retest the zone 1100-1160. I think it is trying to form a higher low.
If we had a new higher low here (as long as it is above 987) then we going to have a new up-trend line.
I’m going to wait for price action at this zone to long on ETHUSD if it goes as my anticipation.
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