Price is facing bullish pressure from our first support in line with our ascending trend line, 38.2%, 78.6% fibonacci retracement and 61.8% fibonacci extension where we could see a bounce above this level.
Trading Recommendation
Entry: 1984.13
Reason for Entry:
ascending trend line, 38.2%, 78.6% fibonacci retracement and 61.8% fibonacci extension
Take Profit: 2015.65
Reason for Take Profit:
Horizontal swing high resistance
Stop Loss: 1967.67
Reason for Stop Loss:
50% fibonacci retracement, 100% Fibonacci extension
