Price respected the trend line with a 3rd touch. Now can trade the break for a short or see if there is a reversal on smaller time frames for a long.
Best option is to wait for the open of the US session in 30 minutes when liquidity starts coming in. Good Luck!
Best option is to wait for the open of the US session in 30 minutes when liquidity starts coming in. Good Luck!
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Almost at 61.8%, could be seeing a slow down here as the Europe and US session close
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This morning the fib level is hit and tested now. Good for reversals or sell the break.