61.80%/ liquidity zone.... Trying new way of analysis, be cautious with your trades please!
retest to 38.20%, if fails, 61.80% and expect a reversal.
D- shorting on a re-test, 38.20% first target, if fails to support, 61.80% will be our second target.
W- Bearish trend broke, new HH and HL. D- TL broken, would like to see a re-test on TL which is also 38.20% fib. / Currently at previous supply zone (re-testing)
D- Back in consolidation zone, HH's and HL's formed, previous structure broken. 4h- 61.80% fib re-test!
W- 38.20% fib retest, HH's & HL's. D- Bullish engulfing if today's candle closes at the current price or higher.