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: Uptrend. Price retraced to 23.6 (continuation) and hit -61.8 on 1HR FIB + BEARISH DIVERGENCE.
CURRENTLY: I am looking for price to break and retest 1hr trendline, then trade then SELL to previous trendline
~100 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: Uptrend. Price retraced to 23.6 (continuation) and hit -61.8 on 1HR FIB + BEARISH DIVERGENCE.
CURRENTLY: I am looking for price to break and retest 1hr trendline, then trade then SELL to previous trendline
~100 pips
Order cancelled:
Did not enter trade. Price broke trendline but did not retest, nor did it give me an impulse of the sell. Price consolidated, no trade.