D: Downtrend, passed -61.8 and dropped to retest weekly trendline at monthly level
4H: Uptrend, Price retraced to 61.8 on 4HR FIB
1H: Downtrend, Price retraced to 50 and hit -27 on 1HR FIB
CURRENTLY: I am looking for price to break consolidation (for entry) and go LONG to the previous minor support area, THEN 1HR trendline
~ 70 - 100 pips
SWING long to 1.1200 + 1.1300
(long term + 250 - 350 pips)
4H: Uptrend, Price retraced to 61.8 on 4HR FIB
1H: Downtrend, Price retraced to 50 and hit -27 on 1HR FIB
CURRENTLY: I am looking for price to break consolidation (for entry) and go LONG to the previous minor support area, THEN 1HR trendline
~ 70 - 100 pips
SWING long to 1.1200 + 1.1300
(long term + 250 - 350 pips)
Trade closed: target reached