Long on 61.8 retracement

22 Ara 2016

I think it's a good attempt to try a long here. Currently sitting on the 61.8 retracement. All timeframes are oversold as well

22 Ara 2016

Not

I realize this is a counter trend trade and in the event this doesn't work out "oh well".

In my experience 61.8 retracements are the best on higher time frames so lets see what happens