Price is at a very interesting area! The way that I have my trend lines show that price broke down... out of the pattern, moved back up to retest...and then has bear movement as if price may move down after the restest! However ... The Candlesticks say something totally different! There is a giant Bull Engulfing Candle on H4 that is powerful enough to not be ignored!
With that said ... I believe price will move up to the .618!
The plan would be to wait and see how price is reacting at this level.....
With that said ... I believe price will move up to the .618!
The plan would be to wait and see how price is reacting at this level.....
