61.8% RETRACEMENT SUPPORT ON TREND LINE IN DAY CHART.DAY CHART OVERBOUGHT
RSI- OVER BOUGHT HARMONIC PATTERN TOUCHED CHANNEL RESISTANCE
1. UPTREND 2.REVERSE H&S PATTERN 3.IT REACHED PREVIOUS RESISTANCE AND CAME BACK FOR A PULL BACK 4.IF IT BREAK THIS RESISTANCE THEN WILL LOOK FOR NEXT RESISTANCE WHICH WILL GIVE A GOOD PROFIT LOSS RATIO 5.THIS ENTRY AREA IS FIB 61.8% SO ITS A STRONG .