Price seems to stabilize and might move up soon, especially given the breakout of as long time trend line.
Target : 0.618 fib retracement level
Stop: below previous low
Target : 0.618 fib retracement level
Stop: below previous low
Trade active:
Priice just reached the 0.764 fib level. If you're not in the trade, now is potentially a good time to look for a long term long position. I'll be monitoring the volume + the candle shape on the 15 min chart to confirm a potential bottom before adding to my long.
Trade active:
Seems like support is building at the current level. I just added to my long position.