Decided to go long once the market hits 78.60% (based on fibo) or let some candle forming uptrend on Support Trend Line before go long, TP base on fibo level 50% 1.29332. also might take note on resistance level @ 1.28777 at it might not going upwards ( consider as the lowest TP) & also Resistance Trend Line as peak of price before continuing down structure.
all level labeled with date was based on Daily Time Frame for reference as support & resistance
all level labeled with date was based on Daily Time Frame for reference as support & resistance
Note
for some reason, I would like to say don't trade on pullback as it won't give a huge amount of profit unless following the trend and you wish to take small amount of profit, and that is why I marked 1.28777/or near fibo level 61.80% is the resistance. as downtrend continuation might follow along.Note
no where to go. could be selling it off?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.