Monthly - Monthly Trend = Down trend Monthly trend line broken - short indication Monthly M/A downside - short indiciation Currently at D1 fib extension of Monthly fib move - downside Price action currently trading below 68% fib to upside = potential new long term lows
Weekly - Weekly Trend = Down trend 3rd Bounce on trend line - downside indication Weekly M/A - downside indication Currently at 38% C (short opportunity) - 1st target D (0.97786)
Daily - Potential M/A cross to downsside - awaiting confirmation Not saying much different to 4 Hour.