Sunday, November 1, 2009

Fibonacci Confluence


The Chart shows fibonnaci confluence at 4554-4548 level so this area could provide good support in case of further down move.


Weekly chart show that beside fibonnaci confluence at 4554-4548 level ,this area has also provided resistance on numerous occasions so this should provide strong support this time.

1 comment:

  1. Good research.Keep up the good work.

    Best regards

    ReplyDelete