Possible short based on break and retest of 23.6% and structure followed by breaks and retests of structure which for the most part lines up with fib levels
Break of major horizontal support, acceptance below, then retest of level for poss short
Looking for price to break DB support have acceptance below and then retest that level 1.3722ish for short
Possible short on a test of a daily down T/L and or possible buy on break and retest to previous structure
price seems to be trying to break 4 hr down T/L--->get everybody excited and long to 382% and former 4hr support, now possible resis then possible short
long at previous S/R or break of prev s/r acceptance below and retest for short entry
50% is also prev S/R as well as 61.8% are both good possible long zones/look for PA on shorter time frames
Possible short at Daily T/L and 61.8% @ 1.75ish then to structure then retrace....
after a retrace to 61.8% and retest of previously broken T/L and prev S/R levels for possible short to lower stucture
H&S completes at 78.6% and previous S/R zone
possible down to previous S/R and 23.6% then up to 127% extension (get everybody excited) then reversal to 38.2% and prev S/R
Possible buy at retest of prev broken T/L and previous S/R zone and 38.2%
at a poss support for long to a great possible level for a short at 38.2% fib & previous S/R & liquidity/stops to be taken before entry
retest of previously broken long term 4hr trend line for a possible buy
monthly chart measuring all large drops since 1995>the one lately is about avg as compared to the others>this doesn't measure duration, only depth Melinda @jeanienyc