D: Downtrend, Retraced 50% and passed -61.8 + Bullish divergence
4H: Price has been consolidating on the weekly key level, for the past few days
1H: Downtrend. Retraced 78.6% and hit -61.8 on 1H FIB at bottom of consolidation zone
CURRENTLY:
Because of (A) the consolidation over the last few days, inside the zone, (B) price hitting -61.8 on 1H FIB downtrend, (C) the bullish divergence on the 15TF... I'm looking to see if price drops a little more to retest previous support and go long to previous resistance area at the top of the zone.
~ 120 pip