Fake-out + Resistance Zone + 0.786 Fibonacci Retracement Hope Useful
The falling wedges pattern is formed and the price breaking the downtrend trendline and retraced down to support zone . Bullish movement is predicted.
Price is breaking the support trend line in the supply zone. Possible bearish movement upcoming.
Buy @ 149.501 TP 149.890 SL 149.401
If price move upward but cannot break the resistance zone, then the resistance zone is valid and can be use to enter short position
The price moved down to the demand zone and had the possibility to go up.