The price has risen strongly yesterday. We prepare to sell below 0.7413 resistance (Fibonacci extension, Elliott wave theory, bearish price action) for a push down to at least 0.7334 support (Fibonacci retracement, horizontal swing low support).
Stochastic (34,5,3) is reversing nicely from our 94% resistance with good downside potential to play the drop.
Sell below 0.7413. Stop loss is at 0.7437. Take profit is at 0.7334.
No comments:
Post a Comment