Unit of Technical Analysis
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15855 is 1.618 of day range
And 15856 is also 2.618 of downtrend formed.
Will send the chart too
if it holds on the 50% level of the day, we can see a good upside movement
or have to wait for direction
Good Morning Everyone,
Just finished with a video and identified for few critical things
End of Bear Cycle approx: 5/1/22022
Low should be 13069
This is as per charts and details found out.
though, we have a big loophole in terms of the reversal our current reversal has been upto 0.618 of the range, while previous cycles reversal had been upto 0.5 levels.
so let's see how it goes from here on
Jumbled up from here, didn't look at the 50% retracement of day range ans lost on the big downfall
