Sure looks like its going swing up with a few pin bars showing up. I will be waiting few key milestones to take place before I buy in and I see this plan a a good way to manage my risk during my entry, see chart. My key zone on the fib when back tested never had the price stay above above the 0.5 and 0.618 zone. This is why I think its the level the bulls...
First Idea ever published, Price looks to have fallen back in line with a previous down trend. Will be looking for price to climb to the 1.18245 mark then eventual start to head back down to 1.1718 and find support.