1) Strong trendline resistance channels on 4hr and 1hr time frames
2) 61.8 fib resistance on daily - looking to continue downtrend
3) stop loss set at 1.113 fib extension level
4) target at previous support structure - 127.394
5) r:r 3.55
2) 61.8 fib resistance on daily - looking to continue downtrend
3) stop loss set at 1.113 fib extension level
4) target at previous support structure - 127.394
5) r:r 3.55