Mohammed_Khan

Mohammed_Khan

Got Rejection And Moved Back Into The Descending Triangle

Mohammed_Khan

Still awaiting clear breakout

Mohammed_Khan

Awaiting Breakout On Descending Triangle, using previous S&R, Pivot Points and FIB

Mohammed_Khan Updated 

Looking back at the past 33 day support on FIB, 0.5 retracement level played as a strong support, however this was while MACD and Signal lines moved in an upward momentum. Now with a possible reversal on MACD playing out AND still sitting at 0.5 (34464.0) if support doesn't hold and gets broken progressively, the next level of support is 0.618 (27270.0).