This is the chart with the arrows I posted in the previous post (don't forget the comment that every SR level could turn the price direction).
The price broke the fib by less then 3 pips and there was quite some fight with five touches on a 5m TF. The pair is now OS from 1h TF down.
Here's the daily chart just to see the purple trend lines:
I just noticed a small bearish divergence on RSI - see the arrows on the pic above. Back to the 4h chart. The first fib extension seats just at the start of the next SR zone 2885. Some pips above a weekly S1 pivot and crossing the zone the second rising daily trend line. 4h chart:
I see 3 possible scenarios:
If 2927 is a temporary bottom and we will see some pullback here is the fib study on the last 1h swing down:
The arrows on the chart above are my best guess what could happen.
I hope you enjoy the post and could make some nice trades.