PEL, SIMPLE FIBO RETRACEMENT TRADE (CHART# 315)

PEL is looking based on 2 factors.
1. Fibo 50% retracement and continuation
2. Taking reistance from long term support.

It will be weak below 1252 (1246 for safe traders).
Many more trades shared in our group. Focus on simple price action to get best results.

Thanks
Piyush Gupta

Trade closed: target reached:

Made low of 1194 (58 points move)