I have explained the expected movement on chart but final confirmation must be from Orderflow Analysis. I will be looking for trapping and absorption in circled area.
Comment:
Not till 18th, I think we have to wait till 22nd Jan 2024
Comment:
My expectation was that the price would drop to the demand zone, and I was right—the price fell well till 2015, I earned good.
Comment:
I am Long since 2015, going to hit 2040, Book more than half.
Trade closed: target reached:
Finally reached 2052 but took very long.
Trade closed: target reached:
2065