one hour time frame is just under the current one hour Fibonacci extension
. The market normally pulls back bearish
after a Fibonacci extension
is hit. After the market pulls back, the research shows as long as the market stays in the buy zone, looking for a counter trend line break
entry at a low price in the buy zone is a good idea. The research shows the market should push bullish
towards the Daily Fibonacci Extension
price point 1810.00 about +150 Ticks above the current market price of this post.