Price formed strong support and started breaking structure to the upside, double bottom was formed aswell, there is a posibility for price to go down and grab the liquidity from that equal lows before pushing up tommorow.
buying above support and targeting Daily supply zone then retracement and continuation
Trend analysis using Fibonacci, price hit target at 1.272 fibonacci expansion now looking to re-structure into downtrend.
- After hitting 1.272 fibonacci expansion price should be going back to 78.60 as take profit 1
- if it breaks and retests it we look for continuation to the 23.60 as tp2
- next point to look at is 0.00 if price breaks and retest that zone we...