Waiting for a drop down to $40,500 (on the Fibonacci Retracement would mean a 60% pull back) . If support is not broken then will look for a long trade. Purple area is my area of interest.
Waiting for price to break out current resistance and confirm breakout then will look for long position to $41,000.
Waiting for price to drop to 1856 to confirm support. Then will look for a short term buy. Thoughts?
Any advise on my chart would be helpful, thanks.