Price has hit a Resistance Level with FOUR RE-TESTS ON THE PAST.
Wait, let me check my not... THE PROPHECY* It is "said" that price will rush down towards the 1.15671 [38.2% Fib] level. Therefore, you can already decide as to whether place a position or not.
Furthermore after it hits the retracement level, price is going to return to a small resistance above it [1.15969], where you guys can choose to add a new Short position.
After that, price pretends to continue its advancement towards the KEY RESISTANCE LEVEL, at 1.15259 [50.0% Fib].
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ENTRY: 1.16190
STOP-LOSS: 1.16443
FIRST TARGET (or you can choose to let your position on): 1.15671
SECOND AND FINAL TARGET: 1.15259 - It's what the prophecy says, I'm just spreading the words. . . . . DISCLAIMER: No religious assessment was made in reality. In this case, saying "prophecy" is just a friendly-joke and therefore these words did not come from a certain god.
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