M:Downtrend respecting the highs
W: Downtrend
D: Downtrend. Retraced to 61.8, hit -27, three times, making a support zone.
4H: Price was in an uptrend; hit -27 and retraced back down to 4h trendline
1H: Downtrend; retraced to 38.2 on 1H Fib
CURRENTLY:
Minor Trend: Price was in a downtrend, hit -61.8 and reversed for the buy. It broke and retested the minor downtrend. I am looking to see if price will rise above the 1Hr trendline make its way back to minor resistance; which is also -27 on minor FIB
(~120 pips)