LONG AND RISKY TRADE Perhaps a late entry, but it might be worth it since fundamentalist analysis corroborates with this view. Dragonfly pattern on the Daily chart. SL is right above the last high TP1 is right at Fibo's 38.2% TP2 is right at Fibo's 50% TP3 is right at Fibo's 61.8% I would highly suggest moving SL to BE as soon/if it reaches 23.6% of Fibo.
This trade has taken TP1 and is sitting a bit lower than entry-level. (Remember: it was a late and risky entry after pattern had already been developed)
My view continues bearish,
My view continues bearish,