Bouncing of the 141.4% Extension level on the H1, weekly its targeting the 61.8% retracement. This is yet again another possible trend continuation area from the weekly view, ill will be watching closely for a possible inversed HH or an aggressive break of the previous HH and giving LL to find an good entry point. I will follow up this idea with posts. Im yet not in a trade, we were looking at the 50% the last time which did not held.
Closely monitoring the USDOLLAR as well, if it will show weakness on the technical side
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