Price breakdown important zone, i enter the trade in retracement
Downtrend Price reject 61.8 FIBO Creating a LOWER LOW
Price breakdown support and trendline with an engulfing candlestick, ill watching this trade because we are countertrend. To enter this trade you can put a sell stop just below the candlestick when market open t.me
Price in Downtend, currently price is retracing from last impulse breaking up the last resistance giving us an opportunity to enter long
OVERALL TREND: UP CURRENT TREND: DOWN Current trend its a correction of the last macro impulse, price break bearish trendline