price created a new low breaking the previous low .Now I'm expecting price to make a retracement to my fib level of 61% and 78% which is a golden zone and the 61% and 78% align perfectly with the 1.27000 psychological number. I will wait for the retracement to complete before entering the market for a short position and ride the wave down to the -27% and -62%...
price created a new low , price is making a retracement to the 61% and 78% on my fib levels which our area of concentration to enter the for a short then ride the wave to the -27% .
audjpy will be selling to the 61% and 78% zone before going long on the pair