Reason number 1: The retest of this previously broken support (now resistance) Reason number 2: Selling price is going to be $49 (very close to big round number $50) Reason number 3: Cofluence with Fib from daily chart attached in the comment section
worth the try (see my previous published idea)
Woaa, look at that beautiful Weekly-200SMA Targets: those 2 gray lines below Entry: 162.2, at the right shoulder on the 4H chart SL: Above the head of the 4H (164.6)
Im not taking this trade because I don't have enough funds but I wanted to put my idea in here
No description needed. Original idea by Piet.Hein