SABIC 2010

Bearish Indicators
1- Bearish trend is confirmed after LL
2- three black crows at top trend reversal

Bullish Indicators
1- Current price @fib 38% level of complete trend
2- Next Support @fib 50% (99.32)

Trade Plan A
Long @current price with SL @106.24

Trade Plan B
Short @106.24 if 38% fib level is broken
SL @113

TP1 99
TP2 84