I am observing price in its current area to see how it will react off of the blue bottom box. A break below the blue box could be an indication that price wants to go lower, wicks into the zone or hovering bodies of candlesticks would indicate the opposite. Zooming out to the 1M chart price has created a range so ultimately I will be waiting for the decided direction. Prices present retrace is sitting on the .5 fib.