1. Downtrend identified
2. Break of support and retest of resistance
3. 4th Trend Line Touch
4. FIB LEVEL MET
Once price started breaking the Lows/Support
(fig 1)
It created a range, as you can see it had a little
fake out and came back in the range immediately
Will be monitoring the lowertime frames
2. Break of support and retest of resistance
3. 4th Trend Line Touch
4. FIB LEVEL MET
Once price started breaking the Lows/Support
(fig 1)
It created a range, as you can see it had a little
fake out and came back in the range immediately
Will be monitoring the lowertime frames