D: Uptrend. Hit -61.8 and ranging since then
4H: Downtrend. Hit -61.8 and reversed to 4H trendline
1H: Uptrend. Price retraced 50% and hit -27 on the 1H FIB, touching the trendline
CURRENTLY:
Minor structure fib, price just hit -27 @ 1HR trendline.
I am looking for price to either:
A: Break 1HR trendline and continue bullish to -61.8 on FIB
B: Retest 1HR trendline and sell to trendline @ previous minor support
~70 pips
4H: Downtrend. Hit -61.8 and reversed to 4H trendline
1H: Uptrend. Price retraced 50% and hit -27 on the 1H FIB, touching the trendline
CURRENTLY:
Minor structure fib, price just hit -27 @ 1HR trendline.
I am looking for price to either:
A: Break 1HR trendline and continue bullish to -61.8 on FIB
B: Retest 1HR trendline and sell to trendline @ previous minor support
~70 pips
Order cancelled
gapped at open of market
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.