downtrend coming off monthly level at 156, Hl and LL made fib retracement at 61.8 and 78 valid, divergence at 4H adds for my confluence.
downtrend, HL and LL made, fib retracement at 61.8 expected 78 is valid too and divergence adds confluence too.
overall downtrend, HL and LL made, fib retracement at 61.8 level and divergence at TDI for more confluence