1D. Within an ascending channel
which in itself is bullish
. That said I am expecting a retest of recent support and will be particularly interested in any activity around the trend line
marked 'A'. On the hourly I see it being more bearish
. We had a bear flag
break to the downside. From a Fibonacci standpoint 0.5 (which is not in fact a Fibonacci number) looks most likely for a test.