The last few days has price decelerated nice towards significant daily resistance level where price stared to show signs of a rejection with a high test candle close on the 17-12-17. A confirmation candle followed and since then price has broken the 4hr ascending phase line and entered the 4hr 50day ema zone. A retracement back to broken ascending phase line, fib levels and 1hr 50day ema would present nice short opportunity back to daily 0.382 fib level.