What Next ?can there be fall from all time high price level ?
yeah possible
RSI - drawn resistance trend line to be watched
consistent volume has given descent support so far
so keep a watch on volume candles
exit short on crossing and closing above
rising Resistance trend line
where to book short ?
or
where to enter for fresh long?
levels for above questions -
541, 530, 515
disclaimer - for study purpose only
Rachanak
may see profit booking > hit new 1 Year High today
> daily last 3 candles with HH-HL
> daily last 3 volumes seeing decending candles
> daily closing RSI above 80,
though lower subsequent time frames
shows descending RSI values
all above tells me
that there can be profit booking possibility
lets see where it goes tomorrow
disclaimer - just an observation
stay long - bullish candidateresistance break with volume spike
rising price with rising volume - great sign
momentum bullish side
rsi of multi time frames above 70
new all time high = 1902
stay long 🪁🪁🪁
disclaimer - trade @ own risk