... 3519 = 4th consecutive HL on dly now after 2 x HH's, last being this 3711 - Wkly R1 and Dly R3 just above it. How strong is this supply in the zone leading to it now ? 3711 is the bottom of that prev wkly/mthly sw lo zone = prev supp = pot sbr that leads to likely 3790 on the wkly. 3712 = 23.6% 2.1162-1.1411. 3742= 78.6% 4376-1411. 3790 = 138.2% fib extension of the last mthly swing hi-lo 3482-2675.
Trader with an Edge.
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