Price has retraced to .764 on the fib which coincides with a significant 4HR support zone(trendline), formed a bottom, maybe its now ready for some bullish moves. The higher timeframe is still bullish.
Price has retraced to golden zone on the fib which coincides with a significant 4HR support zone, formed a double bottom and then price broke a descending trend line on the lower tf signifying a change in momentum to the upside.
Price is at a strong 4H zone, looking for a strong bullish candle to go LONG with targets of 1.22175 as the first tp and then 1.23 flat.
Looking for a break of the descending trendline and 4hr resistance to push to the upside. Ideally would like a 4hr close above 108.250 to go long and scale in as the new candle retraces and rejects.