We have a confluence of 3 fibs at 1.112s level. The 61.8 retracement of the big leg, the 127 extension and inversion of the last move. On top of that we have a major structure level and the trendline
resistance ahead as well. We can wait and see our RSI
at that level as well, which most likely it will be OB
. So if we could press up into that pink box shown on the chart, could be a reversal zone.