Price has been in an Uptrend and will continue the same, Price has just given a pullback into a Demand syned into Weekly Daily and 4H, hence another 4% Upward. ENJOY THE RIDE!!!
After being in an UPtrend for a while now, Its correction time Price will retrace back to the Fresh Monthoy Demand and will again presume Buying for long term, Investment Traders can book their Profits and add again when Price reaches the Monthly Demand. ENJOY THE RIDE !!! The Brackets come naturally bein a coder!!!
Price is in a Fresh Weekly Supply which has violated the opposite Weekly Demand which signifies more sell orders in the Current Weekly Supply Reward to Risk ratio is 3:1, Hence short position.
Price has reacted to a Weekly Demand has given a confirmation in upward direction by violating a 4H Supply and forming a Fresh Daily Demand in which we are buying for a Reward of 4 againts the risk of 1.
Hi we have analyzed this INDEX and there 2 upcoming scenarios which are based on Price Action and Fibonacci projections. both the analysis are having Time forecast as we have analyzed the Target zones by the Fibonacci Time Base tool which is giving us the at most time span to achieve the forecasted TPs the two scenarios are as follow... 1. Long. as we can see...