Note: This is for educational purpose only
There is a bullish engulfing at 61.8% retracement of Fibonacci series. Usually 61.8% retracement acts as a good level from where price usually bounces back based on price action which here is bullish engulfing.
There is a bullish engulfing at 61.8% retracement of Fibonacci series. Usually 61.8% retracement acts as a good level from where price usually bounces back based on price action which here is bullish engulfing.