ASK hitting 1.618 fibonacci extension

On a longer-term chart, the price has hit the Fibonacci extension level in a downtrend of 7.05 THB. Currently, this level seems to support the price. Putting the fundamentals aside, this could be a good entry point for technical play.

The fisher transform on the weekly chart has also crossed up.

Entry: ~7.35 THB
TP: 17 THB
SL: 6.40 THB