M: Downtrend, broke and retesting for the buy
W: Uptrend, broke trendline for sell
D: Downtrend, retraced 100% and hit -61.8
4H: Downtrend, hit -61.8 and reversed to weekly level
1H: Uptrend, retraced to 88.6 and rose to -27, so far.
CURRENTLY: I'm looking for price to retrace to retest the minor trendline (@38.2 on minor fib).
Then, trade for the buy to -27 on minor. Which is also -61.8 on major structure to finish out the uptrend
(~40 + 140 pips)
W: Uptrend, broke trendline for sell
D: Downtrend, retraced 100% and hit -61.8
4H: Downtrend, hit -61.8 and reversed to weekly level
1H: Uptrend, retraced to 88.6 and rose to -27, so far.
CURRENTLY: I'm looking for price to retrace to retest the minor trendline (@38.2 on minor fib).
Then, trade for the buy to -27 on minor. Which is also -61.8 on major structure to finish out the uptrend
(~40 + 140 pips)
Trade closed: target reached