


Neoteric_PaperRoute
- Sell - Price broke below 38.2 fib level expecting price to break below 1.47725 previous resistance then retesting it then continue on the downtrend
Buy - Price closed above the 38.2 fib level signalling a further push up on market open - Alternatively price could drop further down to support trend line for the third touch and then make it's way up breaking structure and give us a third touch on the resistance line
Price could potentially drop to retest previous support/resistance then either bounce back up or breach support and drop further down
- Sell - Market closed below 38.2 Fib level with evening star pattern signalling a potential drop in price
Sell Looking for price to possibly retest the breakout the drop to the 91.500 support
- Buy - Price closed above 38.2 fib level with pin bar looking for price to push up on the impulsive move - Alternatively price might be met with rejection at the 50% fib level and drop
- Buy - Price made an impulse move and closed above 38.2 fib level signifying an uptrend an entry move - Target profit at 83.350