Currently we have broken previous LH and making bullish market structure.
*Fib is on Daily chart from previous swing on Daily Chart view.
Golden level of fib 61.8% matches with previous LH and expecting to fall to the point before moving up further.
**Be aware it can fall to 78.6% area as well.
Currently we have broken the structure of bullish movement and waiting till it retests broken support level which turned to resistance to enter for short to 61.8% level.
To enter long buys, wait for reaction on support zone and only enter long if it shows bullish movement.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not more SL to BE too early.
It is your choice to get in retracement trades as I only trade with the trend.
*Fib is on Daily chart from previous swing on Daily Chart view.
Golden level of fib 61.8% matches with previous LH and expecting to fall to the point before moving up further.
**Be aware it can fall to 78.6% area as well.
Currently we have broken the structure of bullish movement and waiting till it retests broken support level which turned to resistance to enter for short to 61.8% level.
To enter long buys, wait for reaction on support zone and only enter long if it shows bullish movement.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not more SL to BE too early.
It is your choice to get in retracement trades as I only trade with the trend.