1. Previous 2 lower peak (point B & D) are of 61.8% retracement
2. Yellow area (point E) are formed by coincide of several fibo
3. Green area (point G) are formed by coincide of several fibo, it is also 38.2% of previous low of big movement (weekly chart)
It could go further down, but green area is the best point to stop as it could go up again after rest ( 38.2% retracement ).
Please setup your trade carefully using 1-2% of your capital, its better to earn safely and steadily.
2. Yellow area (point E) are formed by coincide of several fibo
3. Green area (point G) are formed by coincide of several fibo, it is also 38.2% of previous low of big movement (weekly chart)
It could go further down, but green area is the best point to stop as it could go up again after rest ( 38.2% retracement ).
Please setup your trade carefully using 1-2% of your capital, its better to earn safely and steadily.