CA Approaching Resistance, Potential Drop!
CA is approaching our first resistance at 17.16 (horizontal overlap resistance, 61.8% fibonacci extension, 61.8% fiboancci retracement, descending channel's resistance) where a strong drop might occur pushing price down to our major support at 15.32 (horizontal overlap support, 61.8% fiboancci retracement).
Stochastic (21,5,3) is also approcaching resistance where we might see a corresponding drop in price.
Stochastic (21,5,3) is also approcaching resistance where we might see a corresponding drop in price.
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