If it shows respect to the support zone and bounce back then; Buy: 129.878 (little above 38.2% Fib level & previous support) TP 1: 130.500 (at around 50% Fib level & previous resistance) TP 2: 131.033 (a little below 61.8% Fib level & previous resistance) TP 3: 132.165 (at around 78.6% Fib level & previous resistance) SL: If it move towards a breakout (127.568)
Plan B (SHORT): If it gives a breakout of strong support zone then;
Buy: 127.213 (after the breakout) TP 1: 126.569 (previous support) TP 2: 126.147 (previous support) TP 3: 125.303 (previous support) SL: 127.946 (lower point of support zone)
Bullish Indications: Strong Support Zone Bouncing Back from the support following the pattern of previous peaks
Bearish Indications: Breakout of Strong Support Zone. Bearish trend from more than last 30 days
IF YOU LIKED THE IDEA, SHOW YOUR SUPPORT ;) AND IF YOU DONT THEN LETS DISCUSS ;) WE NEED YOUR SUPPORT TO KEEP THIS GOING ;)