M: Downtrend, respecting the highs
W: Downtrend, respecting the highs
D: Downtrend. Found a new low at the monthly level and retraced to 38.2
4H: Uptrend. price hit 61.8 on 4H FIB
1H: Uptrend. price hit 61.8 on 4H FIB
CURRENTLY:
I am looking for price to push up once more, to the weekly level, then reverse for the sell to the 1H (blue) trendline near previous minor resistance area
~150 pips