On 1HR structure, I can see that price was in a sharp uptrend, respecting the lows. Price passed TP 2 -61.8 on the 1Hr fib and is consolidating on a weekly level. There's divergence showing on the RSI indicating a possible downtrend.
I am looking to see if price will consolidate more on the weekly level then break and retest 1hr trendline and make its way down to the previous level of support.
交易進行:
This one is still consolidating on the weekly level