- 127.2 fib ext of XA - 161.8 fib ext of CB - OB RSI
- Break of descending wedge. - Looking for a retest of descending trendline to enter long. The trade will be invalid if price breaks ascending trendline.
- Break of down trendline - Break of H&S formation - Waiting for a pullback to the 50 to 61.8 fib area to look for a long.
- FIb zone - Support from previous structure - Ascending trendline - Waiting for break of the short term trendline
- Support from previous structure - Fib Zone - Ascending trendline - Waiting for a break of the short term trendline
- Break of descending TL - Fib Zone - Waiting for a clear buying signal
- Break of ascending trendline - Resistance form previous structure - Fib zone - Wait for a sell signal.
- Break of ascending trendline - Fib zone - Waiting for a price action sell signal or a break of the short term ascending trendline.
After a perfect ABCD price has broken the ascending trendline, I think we have a good change of moving down to previous support around 2600.
- Break of ascending trendline - Resistance from previous structure - Fib zone - Waiting for price to reach sell zone.
- Break of descending trendline - Support from previous structure at 1.39400 - Possible AB-CD pattern around 1.39400 - Waiting for the right setup to enter the market long.