Few weeks ago, the price has broken an uptrend line (green), best viewed on weekly chart and a support level.
Now the price may be on a pull back. Short position to be taken once the price crosses the correction trend line (white) then the last swing low.
Target is on 100% of Fibonacci Extension, considering that the price reach the pink downtrend line. If it doesn't touch that trend line and goes down from now, Fib Extension must be slightly adjusted and its 100% level will be the same as the next support level.
Now the price may be on a pull back. Short position to be taken once the price crosses the correction trend line (white) then the last swing low.
Target is on 100% of Fibonacci Extension, considering that the price reach the pink downtrend line. If it doesn't touch that trend line and goes down from now, Fib Extension must be slightly adjusted and its 100% level will be the same as the next support level.