XBT Breakout Short
Formed a LL, come back up, retested 4H resistance and Rejected.
1H: Formed an ascending into 4h Resistance, failed to make a new high, broke out with a huge forming a LL
4H Resistance lines up nicely with 50 fib of previous move down.
Ran fibs on the breakout, price has come back up to retest 61.8 (Also larger timeframe 50) and posted a solid , I beleive this is our second LH and so will now start moving down.
Steamroller indicating formed.