1. $540 is a Historic Support level
2. $540 is the 61.8 Fib
3. Long term support has matched up with the $540 at that moment.
It also fits in with a three drives pattern....
And then... There is the Symmetricity..... To the reverse of the exact same as the bearish action of the last 6 months.
2. $540 is the 61.8 Fib
3. Long term support has matched up with the $540 at that moment.
It also fits in with a three drives pattern....
And then... There is the Symmetricity..... To the reverse of the exact same as the bearish action of the last 6 months.