Price is testing our first resistance, in line with our horizontal swing high resistance, 127.2% fibonacci retracement and 127.2% fibonacci extension where we could see a reversal below this level.
Reason for Entry:
horizontal swing high resistance, 127.2% fibonacci retracement and 127.2% fibonacci extension
Take Profit: 74.713
Reason for Take Profit:
horizontal pullback support, 61.8% fibonacci retracement and 78.6% fibonacci extension
Stop Loss: 75.323
Reason for Stop Loss:
161.8% fibonacci extension
*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.