Long or Short: Long Entry Point: 80.50 Stop Loss: 80.30 Profit Target/s: 81.00, possibly higher Reward-to-risk Ratio: at least 2.5:1 Risk percentage: 1% Indicators used: 100 SMA, Fibo Trade Rationale: Purely technical. We have the 100SMA, Fibos, and the rising trend line all lining up at around 80.50. This level is also a well-established support and resistance level. I think the RR on this trade makes this well worth taking. Trade Adjustments: Depending on the strength of the move, I might consider aiming for a new high and closing just half my position at 81.00.