On Monthly Timeframe price has broken the down trendline and retested the back of that trendline forming a ABC move with the Fibonacci 'D' Extension target at the 1.11416 on the weekly.
On the Daily the sub abcd 'd' fibonacci extension target of 1.11232 is in close proximity to the weekly D extension.
Stocastic RSI is also making a U-Turn in the Buy Zone on the Daily.
Entry: look for Counter Trendline breaks on the 60 min time frame heading bullish.
On the Daily the sub abcd 'd' fibonacci extension target of 1.11232 is in close proximity to the weekly D extension.
Stocastic RSI is also making a U-Turn in the Buy Zone on the Daily.
Entry: look for Counter Trendline breaks on the 60 min time frame heading bullish.