all fibs level to be respected and expected to bounce back to follow the major channel
It's reach key level after retracement, clearly can spot the daily trendline broken
Both upperside and downside will do good huge movement.. any price action at the current trendline will decide the next move
The pair reach the possibly strong support at CMP.. a lil bit confirmation awaiting to short this pair 1. if candle close upper than 50.0 fibo fan it'll expected to go higher 2. if any reversal candle close below 50.0 fibo fan shorting this pair will be positive
Nice channel to maximize profit. No sign of breakout for both upper and lower channel
Do good to the downside but another corrective wave seem to form before the impulse