Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 3356.28, which is a pullback resistance that aligns closely with the 50% FIb retracement.
Our take profit will be at 3329.51, a pullback support level that aligns with the 50% Fib retracement.
The stop loss will be placed at 3374.95, a swing-high resistance level.
Our take profit will be at 3329.51, a pullback support level that aligns with the 50% Fib retracement.
The stop loss will be placed at 3374.95, a swing-high resistance level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.