Wilmar is approaching resistance, potential reversal Price is facing bearish pressure from our descending trend line and 61.8% fibonacci retracement where we could see a further drop below this level.
Wilmarshort
Wilmar under bearish pressurePrice is facing bearish pressure where we could see a further drop below this level.
Wilmar testing resistance, potential reversalPrice is testing our resistance in line with our 61.8% extension and 78.6% retracement where we could see a reversal below this level to our take profit target.
Wilmar facing bearish pressurePrice is facing bearish pressure from our resistance in line with our 127.2% fibonacci retracement and fibonacci extension and a re-test of our sell entry could present a good opportunity for a short.
