D: Downtrend, passed -61.8 and dropped to retest weekly trendline at monthly level
4H: Downtrend, Price retraced to 38.2
1H: Uptrend. Major structure Price retraced to 61.8 and is now consolidating.
CURRENTLY: Price was trending down, hit -27 several times creating support. Price is consolidating. I am looking for price to break and retest trendline and go Long to the previous resistance area @ 4h and monthly trendline
~ 80 - 100 pips
SWING long to 1.1200
4H: Downtrend, Price retraced to 38.2
1H: Uptrend. Major structure Price retraced to 61.8 and is now consolidating.
CURRENTLY: Price was trending down, hit -27 several times creating support. Price is consolidating. I am looking for price to break and retest trendline and go Long to the previous resistance area @ 4h and monthly trendline
~ 80 - 100 pips
SWING long to 1.1200
Trade closed: target reached