coal forming pattern also run inside channel from long time. on up side their is small resistance. after breakout of resistance expecting a pullback on that area or it can also gone more down for take support from green line so keep in watch
stock is on trend watch for level's i draw or keep alert's on them. also don't trade that script if C broke if broken then this pattern gone to be invalid so take care of that note . also many time prz works as support level as well
in this stock prz harmonics pattern forming. also remember that i draw two more level on swing high low if high swing level broken without breaks low level one then levels gone to be valid. but if low level broken then prz gone to be invalid. and always watch small tf reaction near prz level how it's reacting on them.
Crypto Market has no strong confirmation of reversal.
Bitcoin volume since one month looks low and a bit worrisome. Until it is in the channel and a good bounce back from 28k $ level will pick the market momentum, a breakout on downside will test 19K $ and blood bath will witness once again.
Key SAR level are
R1 / R2 : 36k$ / 41k$
S1 / S2 : 28k $ / 19K$
Keep watching Global market...any time we can expect a profit booking..
- On January 20, Joe Biden will officially become president - this is an major event in this month
- Finance Minister Nirmala Sitharaman will present Union Budget on February 1
These are the major upcoming events.....keep an eye on it....
Be fearful when others are greedy....