Fib level highest high and lowest low for the pattern 78% line,
Fib level for right shoulder 61% line
strong resistance line.
head and shoulder pattern
ABCD trading C leg
Strong resistance
Fib level 78% line matches up with strong resistance on daily chart
trending down stalling then continuing
Sell order at 1.25478
break out of the uptrending range
Perfect bounce of the support line , staying inbwteen the channels, once it hit the resistance line it create a mini resistance line that it restested on reversal, great area to buy in and expect it to range up until the resistance