After price rejection from strong support
and consuming Bullish Order Block,
the index is preparing itself to go for
Bearish Order Block or Supply Zone.
Secondly, the index has also formed Bullish Flag
which is also strong indication of price reversal.
Channel Commodity Index (CCI) also indicates
Bullish movement.
Chart assessment suggests
trade opportunity long at 33810
with SL 33677 below Support
level and TP just above the
resistance level at 34119.
This is an educational assessment and guess work and not trade recommendation.
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and consuming Bullish Order Block,
the index is preparing itself to go for
Bearish Order Block or Supply Zone.
Secondly, the index has also formed Bullish Flag
which is also strong indication of price reversal.
Channel Commodity Index (CCI) also indicates
Bullish movement.
Chart assessment suggests
trade opportunity long at 33810
with SL 33677 below Support
level and TP just above the
resistance level at 34119.
This is an educational assessment and guess work and not trade recommendation.
Please Like, Subscribe and share for more Trend Analysis and Chart Assessments.