Technical:
Weekly Fib plotted
Daily support area
Falling wedge
4hr Fib plotted
Entry Buy:
Break of channel
Close above 4hr 23.6% Fib
Close above Key 3300 level
Target - 4hr 61.8% FIb level around 40 points
Entry Sell:
Channel holding
Close below weekly 23.6% Fib
Close below daily support
Close below 3200
Target - Weekly 38.2% Fib around 100 points
Weekly Fib plotted
Daily support area
Falling wedge
4hr Fib plotted
Entry Buy:
Break of channel
Close above 4hr 23.6% Fib
Close above Key 3300 level
Target - 4hr 61.8% FIb level around 40 points
Entry Sell:
Channel holding
Close below weekly 23.6% Fib
Close below daily support
Close below 3200
Target - Weekly 38.2% Fib around 100 points
