WM Approaching Support, Potential Bounce!
WM is approaching our first support at 83.77 (horizontal overlap support, 23.6%, 76.4% fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 57.23 (horizontal pullback resistance, 61.8% fibonacci extension, 61.8% fibonacci retracement).
Stochastic (21,5,3) is also approaching support and we might see a corresponding rise in price.
Stochastic (21,5,3) is also approaching support and we might see a corresponding rise in price.
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