Short from .618 at 4500 is in play and headed to 42k. then price will re evaluate and I want a full confirmation on either side of the next .382 fib level around 42k.
if price rejects this level, price has potential to go back up to 45k, and since there was a 4hr closure above this level yesterday, price may continue to the upside towards 46k.
if price closes below 42k, I see price going back to 40k.
if price rejects this level, price has potential to go back up to 45k, and since there was a 4hr closure above this level yesterday, price may continue to the upside towards 46k.
if price closes below 42k, I see price going back to 40k.
Trade active:
active short to 41,800-42k
Trade closed: target reached:
Both Targets have now been reached at 42k, then 41,800. Updated Idea posted
