Let's see what the market is cooking, at the moment began a retracement and pulled in 61.8% from previous weekly support.
IF the price break the previous structure, and IF starts a new fall that reaches the 61.8%, it forges one 2618 setup with expectations of an upward move that by "default" breaks the nearest structure pressure zones, or resistances in this case, generaly speaking, IT CAN give us a rally.
At the same time, and this is why i'm publishing this idea a second time, and deleted previous on time, an eventual (with the point C at its limit) appeared on my sight with a target near previous structure zone. (look left)
Short the when completed (point D)
38.2% to 61.8% XA
38.2% to 88.6% AB
161% ext XA
224% to 316% ext AB
TP1 61.8% CD
TP2 127% CD