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Major Resistance becoming support + Divergence + Oversold
It's a monthly chart, the ray has been placed on points 1 and 2 and see where it's happening the green line
1. fib retracement
2. touching the resistance could become support (at least previous months did it)
So be advised...
While 1 is "old news" I've spotted 2 and 3 just today. Perfect match isn't it?
Note that the ray points has been set to points 1 and 2. I know it's quite late for this but it's good to know those things happened
The price is touching the daily timeframe, good zone and 50% retracement zone reached.
But at least wait for confirmation