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BBT Approaching Support, Potential Bounce!
BBT is approaching our first support at 41.94 (horizontal overlap support, 100% fibonacci extension, 38.2% fiboancci retracment) where a strong bounce might occur above this level pushing price up to our major resistance at 46.31 (horizontal pullback resistance, 100% fibonacci extension, 38.2% fibonacci retracement).
Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price.
Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price.
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