-the price has retraced to .618 Fib support area -a bullish bonce reaction happened today -this area of support is a confluence of multiple factors -the 20MA, upward trendline plus the golden Fib .618 -I'm not saying the price will reverse back to the recent top -this is only a good area for possible Higher Low trade entry -provided this level will hold for the next 2-3 days of trading -bearish scenario, if the green support line is broken with a red engulfing candle