we see price reversal after multiple rejection at key level ie support level and start to move up to form new high higher and correcting back ,current price is at 61.8% fibo level, im waiting for confirmation pattern to execute my trade
As wee see price after reaching on fibbo level of 61.8% .price print rejection candle. And we are looking for bearish on that price
price tend to move up and its form new high higher after reaching a 4hr resistance zone . and we are looking for new high lower which probably will occurs at Fibonacci level of 61.8% and we look for buy signal around that area ,
After bullish engulfing , price start moving toward golden ratio ie 61.8% Fibonacci level , also we have 4h resistance level and we looking for selling signal at that area