This is a very high confluent trade with fundamentals.
1. SSI INDEX IS HEAVILY SHORT 2. AB=CD PATTERN 3. TRENDLINE 4. .618 FIB LEVEL OF THE LAST LEG 5. PRIOR SUPPORT AREA THAT IS NOW RESISTANCE 6. 1.272 FIB HOLDING OF THE LAST MINOR LEG 7. BULLISH DIVERGENCE OF THE 4 HOUR
I'll be buying soon once we break out a little more.