Simple trend trading with Lower highs, Lower lows structure. Short order with -0.27 fib as TP1 and -0.68 fib as final TP.
Price broke short term downward trend. On the daily tf, 8MA and 18MA could have a possible crossover to the upside showing bullish continuation.Currently looking for entries at the lower high which could possibly be at the break of the blue rectangle. Looking for longs to previous daily high and 127.200 being the ultimate target before taking further action