GUH in ABC formation

14 Ara 2021

From a swing low at 0.440 and swing high at 0.800 (52wh), the price retraced to 0.495 which is about fibo786 and ema200 levels. At present, the price is attempting to cross 0.540 which is a yearly pivot resistance. The probable EP is 0.530 which is a retest of 4h pivot and ema200 and the probable TP would be at 0.625 which is fibo50 and daily central pivot. Probable CL would be 0.470 which is below the 0.465 yearly support. This is not an investment call but for sharing and study purposes only.