The 4H break of the bottom TL could be the start of the daily chart moving towards the triple cycle target of 50% fibonacci.
www.screencast.com/t/YD0zAKDo
Sell the break of the bottom TL of the 4H chart.
www.screencast.com/t/YD0zAKDo
Sell the break of the bottom TL of the 4H chart.
Comment:
If the 4H bottom TL will be a false break, I will be looking for a short at later new highs.