Can anyone here tell me how is my fib assumption?
I fell like if it will cross the very important key price i.e. 1071-1082 range then it will give a good move upside.
If it crosses below 1056 then we can see it again in 3 digits.
Please correct me here if I am wrong here.
In Daily Time Frame it has come into the PRZ of Harmonic Trading Patterns. Bullish AB=CD as well as a Bullish Reciprocal AB=CD. In Weekly Time Frame it has come to the strong support of an Ichimoku Kumo. Both appear to be in line between yesterday's low and 1120. It could retrace back to 1200-1225 if the support levels are respected.