DAILY: price is in an uptrend, pulled back to 38.2 on the daily fib. and continued in upward, then, broke through for the sell. There's also bearish divergence on the RSI.
4HR: price is in a downtrend, bounced off support to retrace to 50% on the 4HR Fib and broke through the 4HR trendline. RSI is showing bullish divergence.
CURRENTLY, I can see that price is in an uptrend, retraced to 23.6 indicating continuation. The RSI is BULLISH
I am looking to see if price will
(1) Retouch the 1HR trendline, then
(2) make it way to daily trendline, which is also -61.8 on the 1HR FIB
(90 pips)
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