Trendline and Fibnonacci in play

The chart is pretty explanatory! All trendlines point to one point on the chart. TP 1.2970

Looking at this daily chart , you will observe that anytime the price is rejected at the upper orange trendline, it consolidates to touch the lower orange trendline. I see the same scenario happening here after the price is rejected at the top orange trendline on Nov 11th.

Feel free to leave a comment and like