Expecting a possible retrace as low as .0069 (88.6% retrace) or lower. Look for confirmation before shorting to be safe - specifically, multiple bounces off the trend-line and quick drops. Good luck and happy trading.
Looking for longs at .0069 or below.
Happy trading!
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Additionally, first major retrace may .0106 mark (61.8%), then bounce back up to trend-line, the back to .0106 and another bounce up before failing to pass .016, then final decent towards .0069, so plenty of opportunities either in between, but long term, expect a significant dip.
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