Follow up from the previous post, if you have not go check it out in order to be in context. As expected price really did go to the 36200 zone to gain some strength and some more sellers to the market, I believe that this zone will be retested and if the price action is strong enough entries could even be on the 15m chart (shorts in this case), in my case the TP...
WEEKLY - Does not provide any valuable information other than the passing above a stress zone and a possibility of coming back to retest that same zone. DAILY - Price doing a short pullback and on the last day of the week bullish engulfing the previous day. If we draw a Fibonacci retracement from the 35500 to the 36600 price is between the 61.80% and the 50%...