ENGULFING AT STRONG REVERSAL LEVEL ON FIBONACCI
Hello everybody,
If you go months back you can see an inverted head and shoulders formed, followed by an M formation, and now heading to test the neckline now. By placing the fibonacci from the low to the high on the weekly chart we can easily see the engulfing patterns on the 786 level which is a strong reversal area towards 382. You can be looking to long and profit at the strong zone at 382.
Blessings!
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If you go months back you can see an inverted head and shoulders formed, followed by an M formation, and now heading to test the neckline now. By placing the fibonacci from the low to the high on the weekly chart we can easily see the engulfing patterns on the 786 level which is a strong reversal area towards 382. You can be looking to long and profit at the strong zone at 382.
Blessings!
Comment and like below
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