Forming a H&S pattern at the top.
Trading below 100days moving average for the first time since May 2020.
- Major Support Levels -
1. 42000 - 40000
Who knows, If the trend continues and kicks in chaos, next major levels are:
2. 35700
3. 28800
So, Hold on Tight!
Have used 1:1 (fixed interval) repeating cycles.
But given that in the 2nd cycle there is,
- Vaccine
- Preparedness
- Immunity to previous strain
- Previous Experience
The 2nd cycle's range should be (1/N)th of 1st cycle.
- Population Density
- Recovery Rate
Has not been considered.
Conclusion:
- Please stay Indoors
- Please wear masks
- Maintain Social...
