Fib and PA

4HR - Price is in an upwards channel. Price broke the counter trend line (red) and pulled back for a retest. On the retest price found resistance at the 38.2 and spiked the 50% Fib.

15 min - Price formed a higher high, higher low and I awaited for a candle to close above previous candle high for entry (white line and green candle).



FibonacciMultiple Time Frame AnalysisSupport and Resistance

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