On the daily was a downtrend but it didn't break LL. On the 4HrTF I notice a CHOCH. Therefore I use FIBO to check where would retracement be. 0.786 Will be the golden opportunity to go LONG. I then zoom into the 1HrTF and wait for price to hit 0.786 FIBO. That is where I took LONG. Smart money Concept.
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