1) As predicted on 02/02/2023 the price action has behaved exactly in the same fashion and on
its way to get the bullish Order Block.
2) The price action is roaming around in Golden Zone of Fib. It is expected to face support from
Fib level at 61.80% before breaking through and get to Fib level of 50% as strong support.
3) The confluence of ascending trend line, Fib trend line repelled the price action into bullish run.
Therefore, it is expected that on its return the same area is going to act as strong support.
P.S. Chart Assessment is entirely based of proposed probabilities and only for academic purposes.
It is not a trade recommendation of any kind. Please do your own assessment & research before
taking decision to execute any trade transaction.
Please Subscribe, Like and share for more Trend Analysis and Chart Assessments.
its way to get the bullish Order Block.
2) The price action is roaming around in Golden Zone of Fib. It is expected to face support from
Fib level at 61.80% before breaking through and get to Fib level of 50% as strong support.
3) The confluence of ascending trend line, Fib trend line repelled the price action into bullish run.
Therefore, it is expected that on its return the same area is going to act as strong support.
P.S. Chart Assessment is entirely based of proposed probabilities and only for academic purposes.
It is not a trade recommendation of any kind. Please do your own assessment & research before
taking decision to execute any trade transaction.
Please Subscribe, Like and share for more Trend Analysis and Chart Assessments.