akrock861

bouncing at fib levels

Long
akrock861 Updated   
NSE:SAIL   STEEL AUTHOR INDIA
Sail has completed a impulse cycle, currently it is in correction mode which is usually frustrating and ithis case it super complex, now next fib level which is golden ratio(0.618) is at rs70 level, which i hope will trigger reversal. waiting to buy at 70.
Trade active:
the mentioned fib level was respected and price bounced back after filling our order @69.90... keep strict SL @69.40.
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