1. Running in Channel (Green Color)
2. 1st Fibo at 78%
2. 2nd Fibo at 38%
3. 3rd Fibo near to 38% - Let see where it will move.. Take support from it or move to touch bottom side of channel
Education Chart only.
1. Fibo Retrenchment from exactly from 78%
2. Moving within Parallel line
3. Middle Line will be work as resistance in current time frame
Note: This is just only education purpose, not for any other.