Decided to go long once the market hits 78.60% (based on fibo) or let some candle forming uptrend on Support Trend Line before go long, TP base on fibo level 50% 1.29332. also might take note on resistance level @ 1.28777 at it might not going upwards ( consider as the lowest TP) & also Resistance Trend Line as peak of price before continuing down structure.
all level labeled with date was based on Daily Time Frame for reference as support & resistance
all level labeled with date was based on Daily Time Frame for reference as support & resistance
Comment:
for some reason, I would like to say don't trade on pullback as it won't give a huge amount of profit unless following the trend and you wish to take small amount of profit, and that is why I marked 1.28777/or near fibo level 61.80% is the resistance. as downtrend continuation might follow along.
Comment:
no where to go. could be selling it off?
