Daily chart is still printing red candles.


Even if we check 4h chart, last two candles tell me that bears and bulls still did not agree, where they want to move price in future hours.


I would like to see some kind of rejection of 61.8 % of Fibonacci retrace, where could be also middle Bollinger band on daily chart. Many time it happens that at middle Bollinger band we get continuation signal, so this would mean that we could get buy signal there. For me, I would like to see buy signal on 4h chart or possible on 1h chart. Higher the time frame, more reliable is the signal.

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