After the break of trendline on daily time frame to the upside, scaled down to 4hr timeframe, price hit a resistance bar and retraced downward. However, the retracement level is at 50% which is at equilibrium with price action(price testing the broken resistance now turned support). Entry area after the first close of green candle on 4hr timeframe, price should rally up to the swing high from which the fibonacci retracement was drawn