Looking for a short off the weekly trend line
, i think we look for entry on this trade week 1 week 2 of October. Note the fib lines up with the trend line
at around the 61.80% this will be the perfect entry for me.
First TP will be 1.2978 100% of the Fib and micro manage the trade from here until obvious turn around to the upside.
Entry target 1.3068 RR = just over 3-1
Will update this idea if the trade forms.