Top of the channel - I think it will bounce and look to retrace to 50% and old lows.
Broke through an Order Block, back to retest, possible bounce and retrace up to 62% Fib.
Possible Inverse H&S forming, distance from Head to Neckline targets old highs
Implementing the Asian Range - hopefully this pans out. Please leave comments if you think I'm wrong, Im open for any help!
Hidden Bullish Divergence on the 1HR RSI, lets see if this rallies!
Retrace back to 0.5 Fib and EMA200 to find resistance, retest EMA100 and hopefully have a strong bounce off there. Bullish signal as EMA20 is starting to get close to EMA100 and hopefully golden cross takes place.
Bullish signs on EMA's, wait for a pull back to 0.382 fib and go long
Buy at 0.618 Fib (1.5981) Sell at 0.5 Fib (1.6746 4.8% profit Stop loss end of last wick (1.5806)
At the top of the downward trend channel, short this position to the bottom of the channel.