The point of origin of trend lines are from 2009 low.
Red Trend Line is Fibonacci based(.786) trend line which has shown a perfect Reversal point for this unpredictable situation at POINT A.
And a green one is (.618) trend line which at POINT B can resists price form moving up.
FIRST IDEA.
Red Trend Line is Fibonacci based(.786) trend line which has shown a perfect Reversal point for this unpredictable situation at POINT A.
And a green one is (.618) trend line which at POINT B can resists price form moving up.
FIRST IDEA.