LT - Bullish Engulfing at 61.8% Fibonacci Retracement

Note: This is for educational purpose only

There is a bullish engulfing at 61.8% retracement of Fibonacci series. Usually 61.8% retracement acts as a good level from where price usually bounces back based on price action which here is bullish engulfing.
Chart Patternslarsenandtubrolarsentoubrolarsentoubro_longTrend AnalysisWave Analysis

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