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1. pin bar has formed
2. macd already in overbought zone
3. price hesitating at fibo 23.6 level
4. 200.00 looks good as a round number
SL : 100 pip above swing high (201.89)
UPDATE: 8 pm - price went up to 200.89 and have yet to hit SL.
8.30 pm - good Unemployment Claims data caused the price shot up to 201.71.
10.00 pm - price is at 201.30.
2.15 am - price is ranging between 200.00 to 200.20 area. Head & shoulder pattern is forming. Continue here.
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