Description
⋅
1. Price Movement Stuck in Descending Triangle Pattern.
2. On Drawing AB=CD Pattern Recent Low and High. Recently, Price Retrace to 0.618 Level(AC=0.610).
3. Lets Find the reversal point. Assume BD=1.27 D Point Formed = 1253
4. Sell Below: 1300 Target: 1290, 1282, 1275 , 1253 Stop Loss:1308