DAILY: I see that price was in an uptrend, but broke through and retested for the sell.
4HR: I see that price was in a downtrend pulling back to 61.8 on the 4h fib @ previous resistance
CURRENTLY: I see that price is in an uptrend, pulling back to 38.2 before hitting resistance zone at -27 on 1Hr fib
I am looking for price to break the minor trendline and make its way back to the 1HR trendline at previous support/resistance zone, which is also the monthly key level
(50 pips)
4HR: I see that price was in a downtrend pulling back to 61.8 on the 4h fib @ previous resistance
CURRENTLY: I see that price is in an uptrend, pulling back to 38.2 before hitting resistance zone at -27 on 1Hr fib
I am looking for price to break the minor trendline and make its way back to the 1HR trendline at previous support/resistance zone, which is also the monthly key level
(50 pips)
Trade closed: target reached