Price came down to the 2.000ish area for a test then tried to go higher again. It failed and has now broken that new support area.
Im looking for a retrace to new resistance where I will be watching for a price action signal short on either the Daily, 4h or 1h. Also note this is in confluence with the 61.8% Fib. Failing that, it might continue higher. If so I...
Price bounced twice on support, then broke below. Now heading back up to test new resistance. Looking for a price action signal to short from this new resistance area, possibly on the 4h or 1h...
Price has come down again to test the lows and ended the day with a nice Pin. We might see a bit of a retrace on this pin, and if so, I will be adding another position long on either the 4h or 1h, depending on price action.