Swing short to create the next lower low.
Trendlines: would be the third touch of the upper trendline if the recent breach of the outer trend line is a fakeout.
Fibonacci: correlates with a fib placed from the last lower high to the next supply zone under the monthly support.
Resistance: Right under a monthly resistance.
Volumes: rising short volumes can result in long volumes rising to aid the next push towards our entry.
Entry: a market entry around the 2.43 region, watch for wicks around the 2.57 region.
Trendlines: would be the third touch of the upper trendline if the recent breach of the outer trend line is a fakeout.
Fibonacci: correlates with a fib placed from the last lower high to the next supply zone under the monthly support.
Resistance: Right under a monthly resistance.
Volumes: rising short volumes can result in long volumes rising to aid the next push towards our entry.
Entry: a market entry around the 2.43 region, watch for wicks around the 2.57 region.
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