Only known to future*, if this Retracement continues further its way up and gets converted to Reversal - Up Trend. Wait and Watch. *Retracement and Reversal never Predicts.
Only known to future*, if this Retracement continues further its way down and gets converted to Reversal - Down Trend. Already showing lightest of GREEN in "3. Multiple Level Retracement" from 15th June - 1 pm. *Retracement and Reversal never Predicts.
Only known to future*, if this Retracement continues further its way up and gets converted to Reversal - Up Trend. Already showing Pink in "3. Multiple Level Retracement" from 7th June. Ideally Retracements are "No Trade Zone". High Risk Traders take at least some LONG positions on Pink to gain maximum from bottom. Already Green in 2H timeframe at 290...
1. No Retracement: Buy on Green. Sell on Red. 2. Single Level Retracement: Buy on Green. Sell on Red. are Retracement of an UpTrend and are Retracement of a DownTrend. is Reversal from DownTrend to UpTrend and is Reversal from UpTrend to DownTrend. 3. Multiple Level Retracement: Buy on Green. Sell on Red. For High risk Traders: In an UpTrend Light Green...