Short term trade, relief rally from the 0.618 retracing to the 0.5 of the move down.
ENTRY: 0.246
STOPS: 0.194
1st TARGET: 0.413 - Take 60% off here, move stops to break even and enjoy the free ride on the house ;)
Never Trust. Verify.
DYOR. Not Financial Advice Just an Observation.
Always remember: technical analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.