-Per last week's move, we can see the price is in respect to the deemand zone and try to test the supply zone
-Before reaching the supply zone, it should test the near deemand zone, which is 1913-1910
-Then expect to reach the supply zone, which is 1937-1937
And a minor retrace for a healthy upside.
-The recent low is near 1901-1899 to break down the price. Then, we can easily reach 1885 -1880.
-Moreover, it is just a buy setup until it does not break the recent low, so buy on dips.
-Before reaching the supply zone, it should test the near deemand zone, which is 1913-1910
-Then expect to reach the supply zone, which is 1937-1937
And a minor retrace for a healthy upside.
-The recent low is near 1901-1899 to break down the price. Then, we can easily reach 1885 -1880.
-Moreover, it is just a buy setup until it does not break the recent low, so buy on dips.
Comment:
-Projection is correct, and now we can see the downside
Emotion Mein Insaan Hamesha Galati Karta Hai.
--------Disclaimer-----------
Charts are for educational purposes. Non-advisory, discretional.
--------Disclaimer-----------
Charts are for educational purposes. Non-advisory, discretional.