Daily is in an uptrend broke and moving up for a retest 4 hr Fib pulls back to 61 has not hit -61 yet 1 hr Fib pulls back to 23 continuation two possible outcomes outcome 1 it could continue past -27 and go for the long position breaking the previous resistance line and go up to -61 to the daily trend line outcome 2 stops at -27 and reverses down to previous resistance turning it into support WAIT to see if it will break the resistance line or start going down