We recently broke the Daily resistance at 0.96500, on this Leg we mostly accumulated orders at 0.96500,
so if we come back to test this now turned support, i will look for confirmation that this level holds to enter a long position,
my first targets will be the -0.272 extension which lines up with the 0.97500 psychological resistance,
my overall target will be the -0.618 fib extension which lines up with the next daily resistance at 0.97912
so if we come back to test this now turned support, i will look for confirmation that this level holds to enter a long position,
my first targets will be the -0.272 extension which lines up with the 0.97500 psychological resistance,
my overall target will be the -0.618 fib extension which lines up with the next daily resistance at 0.97912
Comment:
price hasnt retested it and almost hit target, invalidates the trading idea