I have connected A & B to draw the 2 weeks before. When I analysed for this week's move, I just extended the same and it is marked as dotted yellow line. Price tested the at C, and D. So how this became magical ? The support drawn in blue dotted line & the yellow dotted line is broken at E. The confluence zone at E made the as magical and the fall became non stop.
It is very useful in too.
Simple analysis holds the power.
Simple analysis makes the trading execution easy.
Check yourself and see whether you are drawing or magical .
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