1, we can see price is in a channel
2, price is also in a triangle, ive marked theprice retraced with grey line.
3, if you see th d1 pattern we can see market making pattern to meet 1764 and up.
4, if we see the pink line we can see 3 tests on that line which shows it has a value. and another retest can happen on it soon.
5, Above the pink line we can see an Ob or breaker which is also sitting on the pink line.
so next move we are going to see is market going to drop to show the selling has started whereas it will go up complete the channel and the triangle i mentioned before. withit its going to touch the pink line also. so inshort 4 things will be covered in one move.
its just an anlysis a little idea with what price is goinf to do.... Dont take it seriously. do your analysis before jumping in,
Regards
2, price is also in a triangle, ive marked theprice retraced with grey line.
3, if you see th d1 pattern we can see market making pattern to meet 1764 and up.
4, if we see the pink line we can see 3 tests on that line which shows it has a value. and another retest can happen on it soon.
5, Above the pink line we can see an Ob or breaker which is also sitting on the pink line.
so next move we are going to see is market going to drop to show the selling has started whereas it will go up complete the channel and the triangle i mentioned before. withit its going to touch the pink line also. so inshort 4 things will be covered in one move.
its just an anlysis a little idea with what price is goinf to do.... Dont take it seriously. do your analysis before jumping in,
Regards