Etsy to Break Lower? We look to Sell at 112.96 (stop at 122.95)
Short Term - We look to Sell at 112.96 (stop at 122.95)
Posted a Bearish Outside candle on the Daily chart . We look for losses to be extended today. Our short term bias remains negative. A Fibonacci confluence area is located at 89.40 . Further downside is expected and we prefer to set shorts in early trade.
Our profit targets will be 89.34 and 71.20
Resistance: 150.00 / 200.00 / 300.00
Support: 110.00 / 88.00 / 70.00
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