As we can see from Dec to Feb price touch 3.93 level 3 times and fail. 1st time it create a bearish engulfing second time bearish harami. third time shooting start. if price break and close below 3.719 level then we can see a target of 3.5598.
resistance 1: 3.93025 resistance 2: 3.96299 Support : 3.55981
Note
Break the resistance. now price respect the resistance
To motivate us, Please like the idea If you agree with the analysis.
Thanks & regards,
Kaustav Hazra
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.