Perfect reversal on Charts as per Fibonacci and price action
Confirmed reversal as per Price action from the fibo point of 50% at 43400. Candle of 23rd Nov 2022 i.e today confirmed the reversal by forming a green candle. Now targets are as follows on the upside 44150(Tgt1) and 44700(Tgt2) once we have a close above fibo 61.8% (43715) level with SL (43400) candle closure. All levels are only after candle closure happens. Risk takers can take fresh positions start of tomorrow and safe traders can we wait for candle closure above 43715.
Disclaimer
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.