akshayhole

akshayhole

according to fibonacci 1.272 is a high rejection zone considering previous order block zone of 2208-2210 so buyers will exit their position over there and the sell side trade will active according with bearish confirmation. initiate the trade with bearish reversal pattern or any bearish engulfing candlestick confirmation

akshayhole

price is continuously taking support to 2014 that is our previous all time high price it may bounce to 2200.from here breakout or breakdown may happen take trade at least on the basis of daily time frame for breakdown bearish candle below 2145 or bullish above 2165.

akshayhole

on the cpi news market make an spike at where sellers are active at level 2080-2082 and again market tested that level and new sellers are activated from there are strong selling zone because rejection of fibonacci 0.618 level and previous resistance of cpi news so look for selling opportunity. 2050 still having good support to land sellers.