D1 - Price reached a critical zone based on the fibo levels of the cycles, bullish divergence.
H4 - Bullish divergence, until the last low holds I may now look for bullish setups with more bullish evidences in order to look for short term buys towards the 38.2 to 50% fibo retrace zones.
Once the price reaches these zones, I may then look for bearish setups with bearish evidences in order to start looking for possible sells.
Invalidation: If the price moves lower and breaks below the low (marked in red line) shown in the chart then this idea will be invalidated.
H4 - Bullish divergence, until the last low holds I may now look for bullish setups with more bullish evidences in order to look for short term buys towards the 38.2 to 50% fibo retrace zones.
Once the price reaches these zones, I may then look for bearish setups with bearish evidences in order to start looking for possible sells.
Invalidation: If the price moves lower and breaks below the low (marked in red line) shown in the chart then this idea will be invalidated.