Fibonacci retracement matched with my order block. Also I found the perfect price level. This is being seen on H2, H4 charts.
Beautiful market structure. Looking for buys, and after that will look for sells in 113. area. It would be a double top in D1 chart.
Here we see a daily trend line going downside but the price has been corrected and then it went bearish. The price broke the last support, so now I would wait for a new resistance or a TL (trend line) retest for short entry to my 1.618 Fibb. See W and M charts.
We can see a strong R (resistance) in W (weekly) chart and a upside TL (trend line) in W chart as well. The price touched five times that TL. Now the price is on 0.618 of my Fibbonacci Retracement and we can see that the last W candle shows a long wick under 0.618 of my Fibb. My RSI 5 is at 82%. The price could drop to 0.382 or even 0.236 and after that it'll go...
Daily support broken, waiting for a retest and follow the trend. Let's see.