On the H4 chart, price has broke and closed below the previous structure level.
Shorting opportunities should be around the 38.2 to 50.0 fibonacci retracement zone which is in confluence with the downtrend line and previous structure level.
Stops can go just above the 61.8 retracement level.
Shorting opportunities should be around the 38.2 to 50.0 fibonacci retracement zone which is in confluence with the downtrend line and previous structure level.
Stops can go just above the 61.8 retracement level.
