Plotting Fibs Retracement Exercise
3 Confluences area of Fib Retracement
Breakout of downward Trend Line
Breakout from the Falling Wedges
Followed by bullish engulfing candle
3 Confluences area of Fib Retracement
- 23.60% & 38.20%
- 38.20% & 50%
- 50% & 61.80%
Breakout of downward Trend Line
Breakout from the Falling Wedges
Followed by bullish engulfing candle