hey traders recently i mentioned about one of my old chart(you can see it in the related idea section at the bottom). to that chart we are at the fibo 0.786 zone and it's been holding so far.
RSI is at an oversold area and MACD is showing bullish divergence.
Also there is a pattern like butterfly but i did not note it because the AB leg touched the fibo 0.886 of XA leg. but as a time period AB is nearly equal to CD and other fibo ratios met properly.
After all to me here is a PRZ zone. we'll see.
please add comments or different ideas to cooperate because we need that much
good luck
RSI is at an oversold area and MACD is showing bullish divergence.
Also there is a pattern like butterfly but i did not note it because the AB leg touched the fibo 0.886 of XA leg. but as a time period AB is nearly equal to CD and other fibo ratios met properly.
After all to me here is a PRZ zone. we'll see.
please add comments or different ideas to cooperate because we need that much
good luck
Comment:
Also pattern is almost it to bullish huge wolfe pattern
