Top down analysis done from daily chart to find overall structure (bearish)
on the 4 hour timeframe found a new low point which was also a new point B for Fibs to be considered new Lower Low also at a daily key level of support
new fib drawn out so we can see pull back to at least 38.2% which is a 150 pip move Bullish (counter trend trade) to then fulfill long term trade.
on the 4 hour timeframe found a new low point which was also a new point B for Fibs to be considered new Lower Low also at a daily key level of support
new fib drawn out so we can see pull back to at least 38.2% which is a 150 pip move Bullish (counter trend trade) to then fulfill long term trade.
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