Parallel channe with Golden ration analysis.

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Parallel channel with gravitation on the weekly chart-:
If you see the price between line (b) and (c), you will note that price is trading longer time into this area. Presently, the stock price is the (d) or value low which is support.

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snapshot
confluence zone m1 and m2 is the support from fib retracement.

  • m1 1207 (currently price trading)
  • m2 1114 which is at 50% division

Transakcja zamknięta: osiągnięto wyznaczony cel
Booked profit.
FibonacciFibonacci RetracementgoldenratioindianseParallel ChannelStocksSupport and Resistancetrade

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