pivot point at price 0.64 was chosen as it denote the beginning of uptrend cycle. confirmed by RSI. from the pivot, price moving up and reacted at Gann line 0.5 and went down to Gann line 0.25. this is 1/2 retracement which stated by Gann as usual retracement.
Price is expected to move up to 1/1 (45 degree line).
expected price reactions as follow:
- about 82 sen around 31/8 - about 91 sen around 26/9 - about 100 sen around 22/10