We can see price bouncing off the trend line carrying on the downtrend towards support/tp Possible 1300 pips
Here we are going to see the old support swap into resistance and follow the downward trend
As we can see the price last closed above previous support swapping it to resistance expecting bullish run towards tp
Expected bearish movement as we bounce off the resistance line
Expected bullish run towards tp as we can see the price bouncing off the support line carrying on the uptrend
If we hit the 0.618 fib line and it shows reversal pattern BUY