- Applied fib to the entire order block candle to anticipate a bounce from one of these levels - Price is currently failing to break below 50% - Price may push lower to retest any of these levels but if we have confirmation I may take a long position until 1.10655 which is the low of the next order block on 4hr
Comment
- Price has dipped lower - No confirmation on a long position as of yet
Comment
- Price broke below 50% of our fib and left a wick on 0.786 level - Ready to go long, any break below that 0.786 on our fib will invalidate this setup and we can call it a day.
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