M: Downtrend, broke through and retested for the buy
W: Downtrend, broke through and retesting
D: Downtrend, hit -61.8 and consolidating at weekly level.
4H: Price was in downtrend, hit -61.8 on 4H fib. Price is consolidating at a weekly level.
1H: Downtrend. Price retraced to 23.6 (continuation) and hit -61.8 on 1HR FIB, RSI is Bullish.
CURRENTLY: For a swing-trade, I am looking for price to break and retest resistance, then trade the buy to previous resistance areas (4HR)
~80 - 200 pips
W: Downtrend, broke through and retesting
D: Downtrend, hit -61.8 and consolidating at weekly level.
4H: Price was in downtrend, hit -61.8 on 4H fib. Price is consolidating at a weekly level.
1H: Downtrend. Price retraced to 23.6 (continuation) and hit -61.8 on 1HR FIB, RSI is Bullish.
CURRENTLY: For a swing-trade, I am looking for price to break and retest resistance, then trade the buy to previous resistance areas (4HR)
~80 - 200 pips
Trade closed: target reached