After reaching its All Time High, BBRI is stopped at 1.6 fibo level. If this resistance cannot be passed thus there is possibility that BBRI will retrace, my entry area is 5000 where is in its 0.6 fibbo level.
Note
BBRI couldnt pass 5750, price was rejected and start to retrace, I am still looking forward to drop below 5100 as my entry
Note
Start buying BBRI, open position
Trade closed: target reached
Bounce at 4820 in area between 0.618 - 0.5 fibbo!!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.