1. Looking at structure, the 1.41 area has recently acted as support and resistance.
2. 61.8% fib from February´s high/low
3. Potential bat - B point formed at exactly 50% fib and an ideal D point of 88.6% would confluence with previous reasons.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.