I highlighted some gaps in the 30m chart with rectangle boxes. I was told that gaps like this tend to be filled, so I am wondering if that could be expected to happen in the next weeks/months, or, maybe it will be years or maybe never happen at all.
Last week a drew a fib retracement, which went from low to high, just to see how it works. Today, I drew a "mini fib" retracement between the bigger one, 0.786 to 1.0. Interesting that on the 30m chart it basically stops at the retracement lines. Just messing around, but is this what the algo robots do as well?
I believe the trend is lower still. The two trend lines were drawn weeks ago, and the rising trend line (Orange) was slightly broken, but not convincingly. The lower trend line (Blue) was also broken, but again, not convincingly. Happy trading!!