Possible Short or Long position
-Daily is in an uptrend Divergence going down
-4 hr uptrend
-1 hr uptrend
-30 min uptrend
two possible positions
option 1. 1 hr fib is set for a buy it pulled back to 61
could go up for to -27 where it will be passing the 2nd point
of Monthly trend line it would be a new high
option 2. 30 min fib for a sell pulled back to 61 could go down
to -27 down to break and retest line making resistance into support
(WAIT for 30 min trend line break and retest)
-4 hr uptrend
-1 hr uptrend
-30 min uptrend
two possible positions
option 1. 1 hr fib is set for a buy it pulled back to 61
could go up for to -27 where it will be passing the 2nd point
of Monthly trend line it would be a new high
option 2. 30 min fib for a sell pulled back to 61 could go down
to -27 down to break and retest line making resistance into support
(WAIT for 30 min trend line break and retest)
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