The price has shot up and reached our profit target perfectly as expected. We prepare to sell below major resistance at 133.12 (Multiple Fibonacci extensions, horizontal pullback resistance) for a push down to at least 132.28 support (Fibonacci retracement, horizontal pullback support).
Stochastic (89,3,1) is seeing major resistance below 99% where we expect a strong reaction from.
Sell below 133.12. Stop loss is at 133.51. Take profit is at 132.28.
No comments:
Post a Comment