hidden divs on and
is not that good on the bounce tho, but if price keeps rising, could mean coming in slowly.
green trendline held support at .27
next support at .26
could be corrective move of market wide bear move towards market bottom (long-term swing).
fib retracement to indicate bounce/reversal areas; on those locations new shorts can be opened to continue bear move.
Also made possible corrective move; who knows if this is correct?
Failing to break .275 would have been the sign that my pattern was not correct in first sight.
Now this looks more like a retest of upper channel.
I will slowly move out of my short trade which is in loss where I can.