Looks like the correction is forming a strong bull divergence on the 4 hour and may be time for a bounce.
both rsi and macd showing divergence, not quite a retrace to .618, but sitting on strong support .
I am seeing a possible head and shoulders set up that correlates with fib levels and price action, I also have a bullish scenario as well. both are overall bullish, but this would be with a retrace.
