Currently reacting to the 50 Fib level we will watch this closely. If we make new highs here we should see price reach 125.25 however we are looking for an entry at the 61.8 Fib level of 122.90 and we will be placing our stop at the 78.6 Fib line.
This will give us a 380 pips once we reach our profit target..
This will give us a 380 pips once we reach our profit target..