The Fibonacci channel is a technical analysis tool that is used to estimate support and resistance levels based on the Fibonacci numbers. It is a variation of the Fibonacci retracement tool, except with the channel the lines run diagonally rather than horizontally.
Downtren CHannel.
Downtren CHannel.
Comment:
Comment:
Important Level.
71.72
End of Gann Cycle
between 71.72 & 55
71.72
End of Gann Cycle
between 71.72 & 55
Time is more important than price. When time is up price will reverse." – W. D.