Samman Capital
Samman Capital currently trading around the 0.382 FIBO level, which is often considered a retracement level where price consolidation occurs before further movement. The next resistance based on Fibonacci is around 0.5 , which also coincides with the 200EMA. It suggests that a BO above the 0.5 level may lead to strong bullish momentum towards the 0.618 level and beyond.
It might provide a stronger entry point after pullback.
It's strictly for study purpose only.
It might provide a stronger entry point after pullback.
It's strictly for study purpose only.
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