Price breaks through the trendline and makes a retest on it for a long position. Also the support level gives my SL more security.
Seeing a nice W pattern with a good resistance level. I'm waiting for the resistance to break and become support for a long position.
Current price reacts good to the 61.80 and 78.60 Fib zones. Price did break true the trendline, i assume that the price will drop to the -27.00 Fib level and then bounce up again to key level 0.92000. Any further ideas?