see chart. Let's see the event's impact on tech analysis and the extent
Nov 16: 1) D: down trend nice retracement 2) purple dash line is FIB0.786 and a major 4H R/S level 3) it is also D chart 0.382FIB level PRE-SET: SHORT=1.1434 SL= TP1=130 BPS TP2= ANOTHER 70 BPS TP3= MONITOR TO NEXT DAILY STRUCTURE LEVEL
SEE CHART FOR PLAN. (1) IF PRICE DOES NOT HIT MY ENTRY LEVEL, I WILL GIVE UP THE SHORT PLAN. (2) I WILL LOOK FOR ENTRY REASONS TO TAKE ACTION.