Analysis of new financial markets
By zts method
Analysis based on Fibonacci and Smart Money patterns
As you can see in the chart, the price was able to break its price floor of 38303 in 30 minutes and make an upward correction.
Now the correction is in the range of the 30-minute overblock time and the important Fibonacci levels of 75%, and the price drop to the range of 38105 is not far from expected for the index, and it is suitable for selling.
Traders, if you like this idea or if you have any comments about it, I would be happy to write your comments.
By zts method
Analysis based on Fibonacci and Smart Money patterns
As you can see in the chart, the price was able to break its price floor of 38303 in 30 minutes and make an upward correction.
Now the correction is in the range of the 30-minute overblock time and the important Fibonacci levels of 75%, and the price drop to the range of 38105 is not far from expected for the index, and it is suitable for selling.
Traders, if you like this idea or if you have any comments about it, I would be happy to write your comments.
Trade closed: stop reached