This post i am posting because one person stuck and he wanted to know how to get out , he was sincere in his approach , i would like to post it in common because there is huge confusion among many traders
if you remember i had posted Long continuation on Weekly chart , and the reason for that is they are making very small pattern but they are pushing forward , yes its already tired for many how to do the forecast , here i am trying to help you Guys , also this should be your free education also because what many place their trend line is completely different how the professional look this and you can understand it visually
I have placed the two price tag , its not necessary that market has to bounce form it , but its high likely market will behave in that area
what i see many tend to assume it will bounce exactly form that level , the truth is not that , the market has to confirm our understanding of price level , and in many of my post the price i had posted have moved exactly its because of practice , and understanding the details of movement on shorter time frame and trying to be with market ,
Hope you Guys will learn form this today
Good luck