Fibonacci confluence area
The Fibonacci weekly retracement levels are at 0.5
On the daily chart the 1.2 fibonacci expansion is in confluence with the 0.5 retracement.
In my opinion the present rally might be over and the prices might retrace from thereon i.e. 500
On the daily chart the 1.2 fibonacci expansion is in confluence with the 0.5 retracement.
In my opinion the present rally might be over and the prices might retrace from thereon i.e. 500
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