Jahir_Jack

Nifty continuous future.

SGX:IN1!   SGX NIFTY 50 INDEX FUTURES
Price 9356 to 8637 is the range in this upcoming week.

Reasons:
1. price likely to create an equal ABCD pattern .
2. Rsi divergence on the daily time frame.
3. Price following through a bearish parallel channel .
4. Price 9356 Fib level 0.50 and 0.618% there's a huge supply zone , and then price eventually travels to Fib level 1.27 which is my favorite one. Also completing that ABCD pattern to price 8637 where inverse a Fib confluence of 0.50% is waiting to absorb huge buy orders.