1.177 importance for momentum reactions.
I think (...or I still believe...) that 1.177 is psychologically important level...
Next week can be started with sofisticated reaction on this level. Try to wait for support/ressistance break or bounce confirmation movement.
I think it´s a neckline and the trendline in the same time....
I dont know how to say, why I mean long, just I feel that the uptrend continuation is on the board... ...thank you :)
Short because: Expecting small downtrend rally continuation. RSI divergence. Uptrend trendline breakout. /Long because: Confirmation failed. Triangle breakout opposite dirrection.
Order limits baseb on fibo levels.