After the run from the daily channel to the lower levels of support , I will now expect a pullback to the Fibonacci key levels .318/.50/.618/.1
Patience now will play a huge part of this position waiting for the break and retest of the hourly downtrend, if that fails then obviously will be looking at the break and retest of the support acting as a new resistance to go short that is plan B.
So far so good! Gotta know what indicator that is. Wow
Rjptrades93
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@ufo, Im using the 50 & 15 EMA (Exponential Moving Average ) that's what i do, multi-timeframe analysis starting out on the weekly & then work my way down the lower TimeFrames marking up all key areas and confluences this is playing out very well atm