Good idea! You could use trend lines to find solid areas of support by connecting the wicks of candles. Using the daily time could provide an even better idea. The area you marked as buy level is definitely a solid support area. I personally do not think a bounce at the level will occur. Most likely a green candle tomorrow and or Monday before a break of that support. Just my perspective. I expect a bounce around 1.29 ish price zone. Great post! :)
Euph
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@TazTrades, Thanks! Will definitely take this into consideration for future ideas (: