The graph has entered a strong demand zone right now. Today's trend could to be bullish. However the rise would only be for a further fall.
Going Long would be beneficial as of now till the price reaches 688 .
BUT
If the trend falls even below this strong demand zone, then go Short.
(This is a trend-based analysis and prediction; one must trade at his/her own risk)
Going Long would be beneficial as of now till the price reaches 688 .
BUT
If the trend falls even below this strong demand zone, then go Short.
(This is a trend-based analysis and prediction; one must trade at his/her own risk)
Comment:
As per the predictions, the supply was to come from the blue line and the trend justifies the prediction analysis.
