SEYED98

CHN50 Buyers Firewall

SEYED98 Mis à jour   
FOREXCOM:CHINA50   China A50 CFD
the detail is shown in the above Idea.

I made this Idea based on Candlestick Analysis and Fibonacci Tool.

buyers are burned in black rectangle (0.5- 0.618 golden level retracement )

therefore we can expect that CHN50 index decrease step by step to 1.27 F or 1.618 F.
Commentaire:
CHN50 retest black region .
Trade fermée: cible de profit atteinte:
TP1 TOUCHED

BUY ORDER FROM 1.27 TO 1 Is a Good Option
Trade fermée: cible de profit atteinte
Commentaire:
bullish butterfly pattern

Fibonacci ratios are one of the most powerful and easiest trading tools in your investor’s toolbox. It provides excellent guidance for when a trend will end and reverse course.

GOOD LUCK.

SEYED.
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