We can see a reaction as soon as the 0.618 Fib. retracement support level is hit: 
This same level matches the 0.382 Fib. retracement support if we count the full wave starting from the October 2022 low:
This can be a reversal point.
This potential reversal is only confirmed if it happens.
It can always go lower.
I am pointing out an early signal here.
While not mentioned here, I am also taking into consideration other factors that strengthen this signal.
Thank you for reading.
Namaste.
This same level matches the 0.382 Fib. retracement support if we count the full wave starting from the October 2022 low:
This can be a reversal point.
This potential reversal is only confirmed if it happens.
It can always go lower.
I am pointing out an early signal here.
While not mentioned here, I am also taking into consideration other factors that strengthen this signal.
Thank you for reading.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.