Sell below 0.7589. Stop loss at 0.7622. Take profit at 0.7514. Reason for the trading strategy (technically): Price has shot up perfectly and has reached our profit target. We prepare to sell below 0.7589 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 0.7514 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing major resistance below the 93% level where we expect a corresponding drop in price from.
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