TASCO IN ABC FORMATION

TASCO double-bottomed at 1.040 on 6 December 2021 (see point C and compare with point A) after reaching a high of 1.420 on 27 October 2021 (see point B). Thereafter the price rebounded and crossed up EMA200 and 1.100 yearly resistance which is also fibo678. To enter trade, the probable EP would be 1.100 to retest fib786 and a yearly support. The probable TP would be at 1.315 which is fib236 and supply zone resistance. The probable CL would be 1.005 which is below S1.