after the gap up of 29nov
there is price imbalance and buyer's liquidity is laying down under @ 68000 to 66000 zone
simple if you the candle from december month youll see reds are more dominat then green and green pullbacks came from previous value zone that were not tested are acting as order block triggering the buy order of buyers
BUT.....
there are two more level that need to consider is 68-66000 where we can see good buying as of now while recording this analysis
waiting for buy opportunity instead of going short
there is price imbalance and buyer's liquidity is laying down under @ 68000 to 66000 zone
simple if you the candle from december month youll see reds are more dominat then green and green pullbacks came from previous value zone that were not tested are acting as order block triggering the buy order of buyers
BUT.....
there are two more level that need to consider is 68-66000 where we can see good buying as of now while recording this analysis
waiting for buy opportunity instead of going short
Comment:
the swing of 9th jan to 12th jan
used fib retracement found the cmp is hovering near golden zone of 0.7
used fib retracement found the cmp is hovering near golden zone of 0.7
73360 is static liquidity, let it mitigate the 69k-67k for buying