Price is facing bearish pressure from the first resistance level, in line with 61.8% fib retracement where we could see a drop to our support level where the horizontal swing low is. Ichimoku is also showing resistance for the price.
Trading Recommendation
Entry: 77.54
Reason for Entry:
61.8% fib retracement
Take Profit :76.96
Reason for Take Profit:
Horizontal swing low
Stop Loss: 77.94
Reason for Stop loss:
Horizontal swing high
