IMO, as drawn earlier, i think the retraecment has started and from recent highs, minimum retracement in my opinion goes till 119.1. which is also an intersection of two resistance zones.. corrections please?
That's right.
But I think it will go down a bit more
Waqas-Niazi
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@Mohammadrezahoseini175, thank you.. may be yes.. may be no... as in my opinion that is going to give a huge resistance as its a slope from D1 from sep 18 highs. and also .5 fib from recent lows.
But I think it will go down a bit more