Price has taken out liquidity at previous lows.
Looking for it to retest of fib retracement levels of either 0.886 or 0.786 (possible entries) before shooting off to take out highs at top of the chart.
Price has filled imbalance and will most likely test previous areas of support/resistance so look to sell.
Also looking to hit fib retranchements of 78.6 (TP 1) and 88.6 (TP 2)
Downtrend currently in a pullback. Price has hit resistance which previously acted as support. We will short now to the next level of support.
SL at last swing high
