price has made a pullback in the downtrend as is ready to start dropping.
price struck the 1830 resistance area. rejected the zone and started coiling in the opposite direction.. 6th september offered us a narrow range day. drawing fibs on the daily high to the daily low of 6th day.. price opened at the 61.8 fib on 7th Sept and dropped and broke the previous daily low during asian session. a retest occured at london open and gave a...
price broke above the narrow range day. a morning star candle on the daily at a key level. further confluence with the weekly chart indicating demand zones at 1660-1680.
price was in an uptrend..a quick correction into fib golden ratios on h4.