capsule91

Commodities Needs a Healthy Correction

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NSE:CNXCOMMODITIES   NIFTY COMMODITIES
NSE:CNXCOMMODITIES

Bullish divergence with macd will power up the price, but before that the harmonic impulse play will cause a correction as being expected, 3 levels of bounce based on the fibonacci supports have been selected... the target for all is initially the outer line of the pitchfork
And if beyond that then the resistance level
In between there is the pivot , i expect some volatility in the pivot region
Disclaimer..Not an investment/trading recommendation

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