Possibility that this will bounce of trend line, and the Fib Retrace of 38% to make a short term long.
- Fib Retrace 38%
- Upward Trend
Buy @1.67655 (Waiting till confirmed upwards and not breaking the trend)
TP @ 1.68300
Sl @ 1.67625
4hr chart, i believe this has bounced back to the downside, however as soon as market opens up tonight, whether it carries on will confirm the bounce for us.
Fib Retrace 38% bounce back down.
Downwards short term trend.
Lower low TP of 1260.00.