All 4 Lines placed show major structure levels which hold extremely high integrity seen within many instances in the near past.
These various instances have been displayed through the orange boxes highlighting candlesticks which have retracted to resistance
Or bounced of support points, we are looking for history to repeat itself within this short position...
There could be a trend reversal as resistance is soon to be met
It could retract somewhere within the greenbox between the 38 and 50 fibb
These fibbs support both support and resistance in previous structures which give them more credibility
It would then be very likely that previous structure highs will be met