SamuelTolhurst

Im new to FX trading but here I believe a possible short opportunity. We are currently descending and as you can see it has broken my daily support level waiting for the retest but also it has broken a Fib level of support (gold line). Looking at the levels which are arrowed it was a pretty solid level of consolidation so am expecting a exit at the bottom of that region?

Potential continuation of the bullish trend, confirmation when breaks and retests the resistance level. Past resistance levels as exit points.