[fxbaja]

The 1st chart uses Mars at 45-degree intervals on 1-hour. Fib plot uses Apr 11th Low = 1.30650 High = 1.31560.

After a 61.8% retrace, pair made a 161.8% extension to 1.31122 level during the 17:00 period, where lurking shorts existed. The Mars 135-degree was at the 138.2 fib, where shorts can also enter as price curled back.

TP options include High of fib plot, and is the same as the 50% retrace level as mentioned on the next chart.

2nd chart feature Camarila_AlertwFibs, as viewed on 30-min, along with our fib retrace plot in white that is based on Low = 1.31009 and High = 1.32116.

After stalling at the 38.2% and 50%, which matched the indicator's S&R, decline pivoted at the 61.8% fib during the 09:00 period.

It has bounced up to the previous consolidation level at the 38.2% of 1.31693.