* I am always trying to avoid trend lines when Open a chart.
* You can find Support and Resistance with help of trend line but if want to initiate a trade trend lines are less reliable as compared to Horizontal Boundary.
# Thats why i always preferred Horizontal Boundary lines when initiate my trade.
Kindly let me know if you have any questions.
Bullish divergence with macd will power up the price, but before that the harmonic impulse play will cause a correction as being expected, 3 levels of bounce based on the fibonacci supports have been selected... the target for all is initially the outer line of the pitchfork
And if beyond that then the resistance level
In between there is the...