Possible Long Position
Daily- Downtrend Broke trend line waiting for retest
4 hr- uptrend Fib pulled to 23 for a buy -27 is very close to weekly key level
1 hr- uptrend fib pulled to 38 for a buy -27 is close to a weekly key level and zone Divergence for a buy
30 M- Downtrend Divergence going up Fib finished at -61 and revered already
KEEP AN EYE ON
. Break and retest on Daily trend line
. We are close to a monthly key level, it could bounce off it a few times
. there are two three more trend lines close by (30 M Line, 1 hr Line & a 4 hr line) have to make sure we don't go down to those trend lines if that's the case we will probably be going for a sell
4 hr- uptrend Fib pulled to 23 for a buy -27 is very close to weekly key level
1 hr- uptrend fib pulled to 38 for a buy -27 is close to a weekly key level and zone Divergence for a buy
30 M- Downtrend Divergence going up Fib finished at -61 and revered already
KEEP AN EYE ON
. Break and retest on Daily trend line
. We are close to a monthly key level, it could bounce off it a few times
. there are two three more trend lines close by (30 M Line, 1 hr Line & a 4 hr line) have to make sure we don't go down to those trend lines if that's the case we will probably be going for a sell
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