1. Price reached zone 4. (Zone 4 is a strong zone since the last time it was visited/touched was around 2008 and 2002.)
2. Last week price reached the zone and closed above the zone. (signal for buy)
3. Price is now correcting itself (on retracement)
(According to these points price might move higher)
2. Last week price reached the zone and closed above the zone. (signal for buy)
3. Price is now correcting itself (on retracement)
(According to these points price might move higher)