It is been observed on Weekly chart that the price action forms a bearish pin-bar candlestick pattern indicating rejection of higher price action and seller dominance over price action. Now, it shall further move down to next support levels.
Target 1: 800
Target 2: 750
Closing to Target 1
Trade closed: target reached:
Today, it made a low of 800, Target 1 reached successfully. Regards
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