Drawn the trend based Fibo to understand where are we looking it at! Please go back on the chart to check how I mapped the Fibo.
This Analysis is dedicated to one of my follower, and this is based on a request!
It looks unsafe to trade WABI ryt now. It is below 0.5 of the Fibo. Got rejected twice before (RED arrow).
Maybe WABI could give a bounce to retest 16 cents level (0.5%) of fibo.
Entry, Take Profit, Stop Loss is as shown on the chart.
I'm not counting this as an Analysis. Can consider this as just an Idea.
Cheers!
This Analysis is dedicated to one of my follower, and this is based on a request!
It looks unsafe to trade WABI ryt now. It is below 0.5 of the Fibo. Got rejected twice before (RED arrow).
Maybe WABI could give a bounce to retest 16 cents level (0.5%) of fibo.
Entry, Take Profit, Stop Loss is as shown on the chart.
I'm not counting this as an Analysis. Can consider this as just an Idea.
Cheers!