Expect market to bounce of 0.236 fib level (0.6889) which is also a strong resistance level on the monthly chart.
3️⃣Confluence spotted.
1. 0.236 fib rt level✅️
2. Strong resistance level on monthly chart (high liquidity price area)✅️
3.Heads and shoulders chart pattern formation on the 15mins chart. With 0.6889 price as the shoulder line✅️
EP : 0.6885
TP: 0.6835 (50 pips 💰💰)
Disclaimer!!!
Not a financial advice
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