If 200ish is able to hold, the price might retrace around 170-150 usd zone, which might be a good entry for small profit when it bounce back up to test 200ish (might even goes to 250 if the trend is still hyped.)
For above scenario, the entry is better when the lower TF (minutes TF) gaining a higher low to starting the new rally up.
If prices hold at this level, it should bounce back around blue box.
After that, looking for long position, prices should be side-way around here in between the red line and blue box before breakup. Cutloss should be when price crosses the red line down.
If looking for short position, taken a reversal PA when price bounces up to blue box area. Use fibo target as...
