I have said many times when we don't have any thing on left of the price we need to take support of Fibonacci and analysis tools of WD Gann.
Important levels of fibonacci are marked on chart. Which may play important role in price action. While using fibonacci levels I have applied tool from 2 different impulse legs. Levels which are in conjunction are .27% and .50% which are extremely important levels.
According to WD Gann square of nine 135,270 degree are important in time and price. Next week will be 65th week from important low of 29th Feb 2016 and 116th week from important high of 9119. From both reference points next two weeks will be extremely important. Traders needs to be alert with their view and trades.
If price structure, candlestick or any momentum indicator gives signal to short then traders can trade according to their risk appetite and money management.
