Three Buddha Top Formation

2020-01-01 03:52:15

Reasons:

- Trend-line is broken down
- 3 Buddha top formation at the top (points: B,C & D)
- Level 100% of fibonacci extension is reached (visible in daily, points: 1,2 & 3)

A better entrance is given by break of support line in 3 Buddha formation

*This is only how we interpret the market


Happy New Year Everyone