D: Downtrend, hit -27 twice + bullish divergence
4H: Downtrend, Price retraced 50% and hit -27 so far
1H: Uptrend, Price retraced 88.6% and hit -61.8
CURRENTLY: I am looking for price to
(a) retest 1H downtrend and go long to previous resistance @ 50% on minor fib
OR
(b) break and retest support and go short to previous low
~50 pips
4H: Downtrend, Price retraced 50% and hit -27 so far
1H: Uptrend, Price retraced 88.6% and hit -61.8
CURRENTLY: I am looking for price to
(a) retest 1H downtrend and go long to previous resistance @ 50% on minor fib
OR
(b) break and retest support and go short to previous low
~50 pips
Trade closed: target reached:
Price went long to previous resistance