Fib ratio and uptrend continuation
Updated
Looking price the recent structure and using the Fibonacci retracement price could still be in uptrend after a retest of the double bottom from lasts months low, bullish candle and price confirmation patterns could suggest a continuation to the upside with a price trend near Fib zone of 0.618 (0.54229) which is a sweet spot for entries. Price could also reach resistance (0.56209) and confirm a clear and complete bearish Bat pattern
Trade closed: stop reached
Note
waiting for price action confirmation near 0.53330 (0.786), as price extended lower beyond 0.618 zone.
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