Observations
1. Divergence between price and stochastic as seen on chart
2. Expecting price to rise to the 1.618 Fib extension @ 1358
3. 100EMA will probably come down to meet the 161.8 Fib extension
4. Entry discussed on the H4 time frame (basically on a break of 100EMA on H4)
5. Stop Loss in case of entry is below the lows
1. Divergence between price and stochastic as seen on chart
2. Expecting price to rise to the 1.618 Fib extension @ 1358
3. 100EMA will probably come down to meet the 161.8 Fib extension
4. Entry discussed on the H4 time frame (basically on a break of 100EMA on H4)
5. Stop Loss in case of entry is below the lows