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Wavozen

6011 The Reversal is due (Golden Ratio Reversal)

Long
The NASDAQ Asia Index (NASDAQ:NQASIA)  
Wavozen  
NASDAQ:NQASIA   The NASDAQ Asia Index
Chart Patterns
0
0
chartpattern
Reason for Long
a) The Reversal possible at 0.618 (PHI level) and is one of the natural reversal point.
b) Fall is parabolic. For this reversal also, there is chance of reversal at this level.

Market is usually irrational, Hence Entry and SL is only in our hands.
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