Colpal Analysis for Short term

Colpal is following a support and resistance from two trend lines respectively as marked. Now colpal is at the good support point which coincides with a demand zone. Entry, SL and target are marked on the chart which can easily give us 1:2 RR and if someone wants conservative entry they can buy at 1562.
Chart PatternscolpaltradesetupTechnical IndicatorsSupply and Demand

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