PRICE IS AT MAJOR LEVEL OF SUPPORT / RESISTANCE.
THIS AREA IS ALSO AT 0.618 RETRACEMENT LEVEL OF
PREVIOUS SWING HIGH AND LOW ON DAILY TIME FRAME.
WEDGE PATTERN FORMED WHICH IS ALSO AN INDICATION
OF TREND REVERSAL
THIS AREA IS ALSO AT 0.618 RETRACEMENT LEVEL OF
PREVIOUS SWING HIGH AND LOW ON DAILY TIME FRAME.
WEDGE PATTERN FORMED WHICH IS ALSO AN INDICATION
OF TREND REVERSAL