If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
Note: pls check my previous day idea for better understanding |& how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.