See confluence on the 22nd - 6th
fall and 19th through 21st run re-tracement at the 57.5 Support level
. Would be a 61% Retrace from the 22nd and a 23% trend up from the 19th. Heavy support with event up coming to test and break 62K as that looks to be major resistance due to confluence on the fib fans and fib extensions. Buying now due to heavy support. If through 62K next major resistance is 72K with not much support if bounce of 72K could be down to 65K. Will exit position if can not break 72K and wait for new support to re-enter.
New to this so any input is always welcome.