Trendline Support and FIB retracement

Aktualisiert
Taking trend line support and is at 23.6% retracement levels from its previous swing lows and highs. A bounce from this level will trigger an up move and any breakdown will weaken it further. Its a wait and watch for any trade to be initiated.

FNO Data shows short covering and if there is a follow through action on the same, then expect to go long here.
Trade ist aktiv
CAn enter long here now as it has bounced exactly off support
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

Haftungsausschluss