Price came down to the 2.000ish area for a test then tried to go higher again. It failed and has now broken that new support area.
Im looking for a retrace to new resistance where I will be watching for a price action signal short on either the Daily, 4h or 1h. Also note this is in confluence with the 61.8% Fib. Failing that, it might continue higher. If so I will wait for a breakout of that resistance area, followed by a retest then long to the previous highs...
Im looking for a retrace to new resistance where I will be watching for a price action signal short on either the Daily, 4h or 1h. Also note this is in confluence with the 61.8% Fib. Failing that, it might continue higher. If so I will wait for a breakout of that resistance area, followed by a retest then long to the previous highs...