ZIL - Odds of TOBO
It is possible to say there are three screnarios on 4h ZIL chart on Binance;
1- She can not break Trend-Based Fibonacci Extension 0.5 line which is going to cross with Ma21 in next few hours and keep decrease in the descending trend channel.
2- After bouncing from descending channel support, she makes a RSHS (Reverse Shoulder Head Shoulder) which has neckline that is same line with Trend-Basde Fibonacci Extension 0.382.(Weak Possibility)
3- Non of these. (Strong Possibility)
1- She can not break Trend-Based Fibonacci Extension 0.5 line which is going to cross with Ma21 in next few hours and keep decrease in the descending trend channel.
2- After bouncing from descending channel support, she makes a RSHS (Reverse Shoulder Head Shoulder) which has neckline that is same line with Trend-Basde Fibonacci Extension 0.382.(Weak Possibility)
3- Non of these. (Strong Possibility)
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