Wave AB has retraced from 78.6% Fibonacci extension of original wave OA Wave BC has retraced approximately from 127.2% extension which is inverse of 78.6% Short below 1008 with Stop loss as 1030
On weekly time frame script in downtrend making consecutive LT and LB. Do like if you understand the rationale
Look out for Fibonacci levels minimum of 61.8% before retracing upwards. Marked are 3 support levels (S1,S2, S3) Do like if you understand the rationale
Idea described in charts... Do like if you understand the rationale