Price holding above ascending trendline support. A bounce above 50% Fibonacci retracement and 1st support at 137.73 towards 1st resistance at 138.91is possible..
Trading Recommendation
Entry: 137.73
Reason for Entry:
ascending trendline resistance, 50% Fibonacci retracement
Take Profit: 138.91
Reason for Take Profit:
Horizontal pullback resistance
Stop Loss: 136.56
Reason for Stop Loss:
Horizontal pullback support
