Price came down to the level that I was expecting, granted in the most abstract way, but none the less it got there. Looking for a long from to the upper levels creating new highs.
Commentaire:
Price moved nicely off the level. Possible pullback at the .72445 level
Commentaire:
look for a reentry at the 50% fib level.
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price rejection at resistance trend line. Looking for a 5 wave move down for a retracement, and then a a move back up. Long entry at the 23.6% fib
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Short entry at 88.6%
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Short triggered.