price is in the 0.618 fib level, if breaks up is very bullish, also is a good point to short in a bear scenario. I'm long with profit so adjusted the SL if we are in the bearish scenario.
Note
is also a congestive zone, should be a pull back zone of the bull movement, nice short moment.Note
Put my SL under the kind of wedge, if price go down I would try to sell with profit in 116.807
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.