The price is near D1 0.618 Fib Ret and near D1 Trend Line. Also, between D1 0.618 and D1 0.786 it seems to be a Demand Zone.
Considering all this factors, a price below 119USD represents an opportunity for the buyers.
Possible flag in progress and possible fake trend line breakout!
Entry Level: between the Support 1=121USD (also the H4 0.618 FIB) and Support 2=118.2USD (also in the Trendline zone);
Take Profit: 146USD - below the Resistance Zone
Stop Loss: 113USD - below the next support zone
Good Luck!
