Currently retesting the structure that its broken through, this structure also happens to line up with the 61.8 fib level. targets would be the -27 fib. will see how price reacts with the level before entering. However looks solid at the moment.
Let me know your views please.
Price has rejected the lower level of support and looks to be heading up. Price has broken previous structure shown in grey, and it is now pulling back into it. I will be waiting for clear rejection of that structure and the 61.8 fib level. Please feel free to comment your thoughts down below. Lets have a good week.
We saw an Impulse move to break the downtrend structure. Im now waiting for price to come back to retest the horizontal level, if this happens I will enter there.Big potential on this trade, we will see what happens. Please share your thoughts below!