D: Downtrend, respecting the highs
4H: Downtrend. Price retraced 61.8% and hit -61.8 FIB + Bullish divergence
1H: Downtrend. Price retraced 61.8% and hit -27 FIB so far + Bullish divergence
CURRENTLY:
I'm looking for price to drop a little more to -27 on minor fib (same as -61.8 on 1H Fib). Then, reverse and go long to previous support / resistance zone.
4H: Downtrend. Price retraced 61.8% and hit -61.8 FIB + Bullish divergence
1H: Downtrend. Price retraced 61.8% and hit -27 FIB so far + Bullish divergence
CURRENTLY:
I'm looking for price to drop a little more to -27 on minor fib (same as -61.8 on 1H Fib). Then, reverse and go long to previous support / resistance zone.
Trade closed: stop reached