see that the cotton has reached the fibo level 0.5 but it could not have broken it.
So if the price breaks strongly with the 0.38 level there will be a probability of going for the 0.23 fibo level.
on the other hand if the price does not break the level 0.38 there will be a probability of visiting another time the level 0.5 or more.
if you liked this idea or have your opinion on it, write in the comments.
So if the price breaks strongly with the 0.38 level there will be a probability of going for the 0.23 fibo level.
on the other hand if the price does not break the level 0.38 there will be a probability of visiting another time the level 0.5 or more.
if you liked this idea or have your opinion on it, write in the comments.