D: Uptrend, retraced to 61.8 and broke above trendline for the buy.
4H: Uptrend, retraced to 78.6%, broke and retested trendline for the BUY
1H:Uptrend, retraced 38.2% + Bullish divergence
CURRENTLY: I'm looking for price to continue short to 1H trendline at monthly level, near 61.8. Before continuing long to -27 on 1H fib
~70 - 300 pips
4H: Uptrend, retraced to 78.6%, broke and retested trendline for the BUY
1H:Uptrend, retraced 38.2% + Bullish divergence
CURRENTLY: I'm looking for price to continue short to 1H trendline at monthly level, near 61.8. Before continuing long to -27 on 1H fib
~70 - 300 pips
Trade active:
Price dropped to retest 4hr trendline (green), retracing to 88.6 on fib. I'm looking to take his LONG to previous resistance. Since retracing to 88, it may take a while to hit TP. More of a swing trade.
Trade closed manually:
Close this trade once it hit previous resistance. I'm happy with the TP