UJ Sell
Updated
4HR: price is in a downtrend, bounced off support to retrace to 50% on the 4HR Fib and still respecting the 4HR trendline.
CURRENTLY, I can see that price is in a downtrend, retraced to 61.8 but -27 did not touch it yet. There's BULLISH divergence on the RSI
I am looking to see if price will
(1) Respect support and pull back to the 1HR uptrend line, then
(2) make it way to -27 on the 1HR FIB
(40 - 70 pips)
CURRENTLY, I can see that price is in a downtrend, retraced to 61.8 but -27 did not touch it yet. There's BULLISH divergence on the RSI
I am looking to see if price will
(1) Respect support and pull back to the 1HR uptrend line, then
(2) make it way to -27 on the 1HR FIB
(40 - 70 pips)
Trade closed: target reached
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