DEFINED LEVEL TO DISTINGUISH IF THE BIAS LONG IS INCORRECT AFTER THE PULL BACK.
HIGHER HIGHS AND LOWS BEING FORMED
NO CONFIRMED TREND CHANGE ON THE LOWER TIME FRAMES.
MOVE LOWER NOW VERY STRONG ON THE 1 HOUR BECOMING OVER EXTENDED.
TARGET: RECENT HIGHS ON THE 4 HOUR.
STOP: BELOW 50 EMA AND FIB RE-TRACE 0.618.
ENTRY: ROUGHLY IN THE AREA DISPLAYED.
HIGHER HIGHS AND LOWS BEING FORMED
NO CONFIRMED TREND CHANGE ON THE LOWER TIME FRAMES.
MOVE LOWER NOW VERY STRONG ON THE 1 HOUR BECOMING OVER EXTENDED.
TARGET: RECENT HIGHS ON THE 4 HOUR.
STOP: BELOW 50 EMA AND FIB RE-TRACE 0.618.
ENTRY: ROUGHLY IN THE AREA DISPLAYED.
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