The decline here was not too strong, price is finding support at the 0.61 fib level, we see also:
- bullish hidden divergence - short term support - stochs recovered from oversold levels - convergence (we have already a higher high)
Best regards
*****************DISCLAMER******************************************************************** This is just and idea, not a recommendation to buy or sell. Always do your own analysis and plan before opening a trade. Any respectful and constructive ideas are welcome (agree or disagree).