DD. According to my technical analysis I am expecting a reversal at 1676.74 with a stop loss at 1629.25 RRR is 1:6 its a long term hold, bring your stop losses each time your take profit is touch to stay safe. Analysis were done on a weekly chart the zones i have chose you can see the previous S and D zones and how price has reacted around that entry point this...
Bias from Daily chart shown above is Bullish if Fibonacci level is respected. Candles closed at 100 Fibonacci Level 1863.04 Price on Sept 24 showing that the trend has respected our lowest low of Aug 12 If price holds this support level of the Fibonacci Level at 100 and closes above, expect a bullish trend.
Price will find support at Fibonacci Level 0.382 Price at 360.98 & will turn into a bullish momentum.