Explains technical setup: trend line, Fibonacci 786, value area support and resistance ranges.

But, um, yeah, so we came down to this trend line. Also, we came down to the 786, the Golden Pocket Fibonacci. And I'm like, all right, we're coming down to the trend line. We've got this support right here. Not only that, if we take a look at the range that we've been trading all in this area, you can see that we have also come down to the value area low of the range. All right. So the logic was as follows. Yesterday, we came up to the top of the range, and we rejected from value area high, Golden Pocket took a short trade worked out pretty good. Right. So now the inverse of that, we come down to the bottom of the range, Golden Pocket fake out of the trend line, just like we had a fake out of this trend line. Right. Now I'm thinking the opposite is going to happen. Okay. And it kept teasing me, right? The price action kept teasing me. We get a little bit of a bounce. We get a little bit of a bounce. We come down again. Now we're literally bouncing from the 786. This is the last hope and it's not looking good. The one hour timeframe was giving us a slight bullish divergence. All right, we were, we were getting a little bit of uneven butt cheek action there. You know what I'm saying? We were getting a little bit of an floppy butt cheeks. The floppy butt cheeks, the uneven butt cheek is flopping to the downside.