expecting resistance at R1 Pivot support that matches the .5 Fib
Updated
SHORT in the yellow circle
Note
hummm......it looks like the 0.382 did help its level....for now....missed the short. Hold and wait for a last push to the yellow spot at 0.5. If it happens SHORT on 4h price action (or lower timeframe)Note
do not short now or you will lose it all....wait wait...no way that the short move would event work now. Tt will go up and short in the yellow circle.Note
patience, patience,,it is the essence here. Buyers will be lured in and then the drop . We must wait fr the top resistence at 0.5 retracemt to have a good probability short. Now it is going to range for a while....
Disclaimer
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.