ThabangNgwenya

ThabangNgwenya

Trend : Down trend. Price rejected at the 50% fib retracement and is currently respecting the 38,2% Price respecting sensitive supply zone. Head and shoulder 1H TF Price bounce off 50MA

ThabangNgwenya

Daily TF - Tripple Bottom has formed, price has also formed new highs. 4h TF - Head and shoulder formed and already played out. Price broke out the neckline and is currently retesting. 1H TF - Price has rejected the significant fib zone.