Price is approaching our key support where we expect a strong bounce to our resistance level.
Entry : 124.88
Why it's good : horizontal overlap support, 61.8% fibonacci retracement, descending channel's support, 61.8% fibonacci extension
Stop Loss : 124.70
Why it's good : 61.8% fibonacci extension
Take Profit : 125.58
Why it's good : horizontal overlap resistance, 38.2% fibonacci retracement