Price is approaching our first resistance, in line with our trend line, horizontal pullback resistance, 76.4% fibonacci retracement and 127.2% fibonacci extension where we could see a reversal below this level.
Trading Recommendation
Entry: 80.956
Reason for Entry:
trend line, horizontal pullback resistance, 76.4% fibonacci retracement and 127.2% fibonacci extension
Take Profit: 79.963
Reason for Take Profit:
Horizontal swing low support, 61.8% fibonacci extension
Stop Loss: 81.436
Reason for Stop Loss:
Horizontal swing high resistance
