DT- Price Retesting 182
Formation of DT
1st Sup-157
Price may REACT around 157-160 Price Range.
BUT
SHARP FALL from 182 to 162..PRICE may go SIDeWAYS and Continue the Slide till NEXT STOP of 150
The UP movement of Price is indicated wth 5 wave theroy as it was visible on the Chart. Formation of DT, and RSI in DAILY less than 40 indicates HEAVY SELLING Pressure . DT - 1st Target is achieved.
2nd Target of DT is probability of 150.
HAving said that , 157 may act as Support, will Watch out for that for any potential reversal.
Formation of DT
1st Sup-157
Price may REACT around 157-160 Price Range.
BUT
SHARP FALL from 182 to 162..PRICE may go SIDeWAYS and Continue the Slide till NEXT STOP of 150
The UP movement of Price is indicated wth 5 wave theroy as it was visible on the Chart. Formation of DT, and RSI in DAILY less than 40 indicates HEAVY SELLING Pressure . DT - 1st Target is achieved.
2nd Target of DT is probability of 150.
HAving said that , 157 may act as Support, will Watch out for that for any potential reversal.