US100 4H 618 Retracement Play

US100 has reversed BIGLY back in January 2022.

Price is reacting to the 4H Zone that broke structure on April 22, 2022.
This 4H Zone is located at the 0.618 Fibonacci level.

This Play has already occurred creating the first Lower High, ("LH"). Price reached the -0.382 Fibonacci level only 2 months later!
If this Play is about to make history again, then maybe the second LH is being made right now! THEN, possibly a new Lower Low at the -0.382 Fibonacci level (9,891.30).
FibonacciMultiple Time Frame AnalysisSupply and Demand

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