After the drop from 149.725 to 142.772, the price has bounced to 61.8% retracement of the drop. From here, we should see a retracement back down. The safe target is 38.2% retracement of this bounce, which is 145.56 area. The second target is 61.8% retracement of the bounce, which is 144.50 area.
Apart from the Fib levels, the proposed short trade is confirmed...
