There is 2 Zones that im pay attention:
- Big support that we are building around 1785.
and
50% Fibonachossss from low and high of the trend.
If we broke support. that will be my main target. if we can hold the support. i can se a push towards 3100 around that to grab more liquidity to the down side.
Follow through on breakout was a bit weak. It looks to be making a nice SHS on the 1h to reverse the rally from the recent low and perhaps retest the low 100s again. It's quite possible this is a temporary bottom and we're flagging up but the volume and follow through on that triangle breakout was not impressive to me. Looking for a breakdown if we lose this...