And so, the index dropped rather sharply to the level of 35510 and began to consolidate. This is not a very good sign, as there is a possibility of further fall. But since the price approached this level on long candlesticks, this probability of a breakout on the move decreases. A bounce up to 35880 should be expected for a test of the high.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.