Legend:
Orange Lines:
Monthly Key Levels stating heavy support/resistance
Blue Lines: Weekly Key Levels stating light support/resistance
Current Fibonacci Setup on the weekly (on the right) has already hit the 61.8 fib and has obviously rejected from there. In line with the Fibonacci Setup on the daily (on the left) my buy orders already got triggered around 0.315 but there is a good chance that price does come back to my entry. I am targeting the confluent fib setup at -0.618 of the daily and weekly fib at 0.3376
Orange Lines:
Monthly Key Levels stating heavy support/resistance
Blue Lines: Weekly Key Levels stating light support/resistance
Current Fibonacci Setup on the weekly (on the right) has already hit the 61.8 fib and has obviously rejected from there. In line with the Fibonacci Setup on the daily (on the left) my buy orders already got triggered around 0.315 but there is a good chance that price does come back to my entry. I am targeting the confluent fib setup at -0.618 of the daily and weekly fib at 0.3376