Hourly ascending trendline broken off a touch from the daily trend. Using this breakout we can use our fibonacci and as we see around the 0.5 level we actually have the resistance of the left head. Potentially a good short opportunity off the level.
Comment
⋅
Price has now rejected the daily trend line and the 0.618 fibonacci level. I am entering this trade now
If you turn your monitor upside down you will see it completely differently. This charting is like a weather man standing in a meat freezer saying it's going to snow while it's 95 degrees outside.