Possible Short and Long position
-Daily is in a downtrend
4 hr is on a downtrend
1 hr has a uptrend
.Previous fib has hit -61 looking for it to reverse to
zone and then keep going down to Gap that was made on Friday
getting close to 1 hr trend line
also divergence going down
newer Fib is for a buy pulled back to 38 looking for that
to go up to the -27 right next to zone
4 hr is on a downtrend
1 hr has a uptrend
.Previous fib has hit -61 looking for it to reverse to
zone and then keep going down to Gap that was made on Friday
getting close to 1 hr trend line
also divergence going down
newer Fib is for a buy pulled back to 38 looking for that
to go up to the -27 right next to zone
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