I'm short at 1.2325; SL 1.2375; TP 1.2245.
Reason 1 - It's the 61.8 Fib on the 1 hour.
Reason 2 - Resistance
Reason 3 - Could be Right hand shoulder of H&S / crown formation.
Lets see how this pans out.
Reason 1 - It's the 61.8 Fib on the 1 hour.
Reason 2 - Resistance
Reason 3 - Could be Right hand shoulder of H&S / crown formation.
Lets see how this pans out.
May the forex be with you |