Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing an essential demand and supply zone (low-risk buy/sell zone) spanning from 18050 to 18000. Additionally, medium-risk sell zone between 18450-18470, respectively, are highlighted.
Things I Have Seen👀:
Medium-Risk Buy Zone🟠: Noted between 18050 and 18000, suggesting another area with moderate risk for potential buying positions.
Medium-Risk Sell Zone🟠: Noted between 18450 and 18470, suggesting another area with moderate risk for potential selling positions.
Bearish Targets📉:
18400: Possible retracement area.
18250: Area with laying low liquidity.
18050: Possible retracement area.
Ultimate Target: 18000- Area with laying low liquidity.
Bullish Targets📈:
18250: Possible retracement area.
18350: Possible retracement area.
18450: Possible retracement area.
18500: Area with a lot of liquidity.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
The chart provides insights into critical market levels, emphasizing an essential demand and supply zone (low-risk buy/sell zone) spanning from 18050 to 18000. Additionally, medium-risk sell zone between 18450-18470, respectively, are highlighted.
Things I Have Seen👀:
Medium-Risk Buy Zone🟠: Noted between 18050 and 18000, suggesting another area with moderate risk for potential buying positions.
Medium-Risk Sell Zone🟠: Noted between 18450 and 18470, suggesting another area with moderate risk for potential selling positions.
Bearish Targets📉:
18400: Possible retracement area.
18250: Area with laying low liquidity.
18050: Possible retracement area.
Ultimate Target: 18000- Area with laying low liquidity.
Bullish Targets📈:
18250: Possible retracement area.
18350: Possible retracement area.
18450: Possible retracement area.
18500: Area with a lot of liquidity.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.