Price holding above ascending trendline support. A bounce above 61.8% Fibonacci retracement and 1st support at 76.35 towards 1st resistance at 76.71 is possible..
Trading Recommendation
Entry: 76.35
Reason for Entry:
ascending trendline resistance, 61.8% Fibonacci retracement
Take Profit: 76.71
Reason for Take Profit:
Horizontal swing high, 61.8% fib extension
Stop Loss: 76.19
Reason for Stop Loss:
61.8% Fibonacci retracement
