The price dropped perfectly as expected and reached our profit target. We turn bullish above 114.11 major support (Fibonacci retracement, Fibonacci projection, horizontal support) for a push up to 116.19.
RSI (34) is on support.
Stochastics (21,5,3) is also on support signalling a bounce is impending.
Buy above 114.11. Set stop loss at 113.34 and take profit at 116.19.
