@nitaradu, Thanks. Which fibo ext area is he referring to?
nitaradu
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@fakhan, 1.272 - 1.414 - 1.618 which would be the price in the brackets where the price is expected to bounce back
Jefe
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@nitaradu, And why are you ruling out a bounceback from 1.13?
nitaradu
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@fakhan, From TA perspective, 1.13 is not as strong as 1.272. Also for 1.272 what we have is a support which previously acted as resistance in the area defined by the days between 04-11-2017 and 24-11-2017. Hope it helps you :)